{
  "id": 1858695,
  "title": "Pilgrim's is at its worst moment. The Batista want to buy out the minorities",
  "url": "https://urgent.news/2026/08/19/a-pilgrims-esta-em-seu-pior-momento-os-batista-querem-comprar-os",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-19T03:40:59.000Z",
  "source": {
    "name": "Brazil Journal",
    "slug": "brazil-journal",
    "url": "https://braziljournal.com/a-pilgrims-esta-em-seu-pior-momento-os-batista-querem-comprar-os-minoritarios/"
  },
  "original_language": "pt",
  "account": "JBS is making a new attempt to take Pilgrim's Pride private, offering around $1.2 billion in shares for the remaining 18% stake it doesn't control. The Brazilian company is offering 2.086 JBS shares for each Pilgrim's Pride share, valuing the US poultry producer at $28.49 per share. The proposal, which still needs approval from Pilgrim's Pride's independent committee and minority shareholders, comes as the company faces pressure on its results, including a nearly 50% drop in EBITDA in the second quarter. JBS has controlled Pilgrim's Pride since 2009, when it bought 64% of the company for $800 million.",
  "summary": "A JBS voltou a ciscar no mesmo terreno: quer (de novo) fechar o capital da Pilgrim’s Pride, a produtora de frango que ela controla nos EUA. Após tentar comprar a participação dos minoritários e ouvir um “não” em 2021, a companhia dos Batista voltou à mesa – desta vez oferecendo cerca de US$ 1,2 bilhão […] The post A Pilgrim’s está em seu pior momento. Os Batista querem comprar os minoritários…",
  "key_points": [
    "JBS returns to pursue Pilgrim’s Pride acquisition with $1.2 billion offer",
    "JBS proposes 2.086 shares per Pilgrim’s share, $28.49 per share value",
    "Pressure on Pilgrim’s results leads to lower EBITDA and margins"
  ],
  "editors_take": "The renewed bid by JBS for the minority stake in Pilgrim’s Pride signals a strategic push to consolidate its control as the target company faces financial headwinds from declining chicken prices and profitability.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}