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JBS Seeks Rest of Pilgrim’s Pride Stake in $1.2 Billion Deal

Pilgrim’s Pride Corp. shares jumped after meatpacking giant JBS NV offered to acquire the shares of the chicken producer it doesn’t already own in a stock deal valued at about $1.2 billion.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

SEC tightens shareholding rules to curb illicit funds

The Securities and Exchange Commission (SEC) has tightened its rules governing major shareholders of securities and digital asset businesses, extending scrutiny to the financial backers behind share…

  • SEC strengthens rules for major shareholders
  • Intensifies examination of financial sponsors
  • Aims to trace ultimate control holders

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