JBS (JBS) news
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JBS extends drop to session low after AFP report
JBS shares extended their decline to a session low on Friday following a report by Agence France-Presse (AFP) that highlighted concerns over the company’s operational and regulatory challenges. The stock fell 4.2% by midday, reflecting investor unease over the implications of the report. AFP cited…
AInvest Wire · 1h agoPilgrims Pride Corp - Pilgrim's Pride enters $31 mln settlement agreement with JBS defendants - SEC filing
JBS SA has agreed to a $31 million settlement to resolve shareholder litigation involving Pilgrim’s Pride Corp., its publicly traded subsidiary, according to a recent filing in Delaware’s Chancery Court. The legal dispute centered on allegations that JBS and its allies on Pilgrim’s board delayed…
AInvest Wire · 2d agoFitch Ratings: JBS’s proposal to delist PPC is rating neutral for both issuers
Fitch Ratings has stated that JBS’s proposal to delist its subsidiary, PPC, is rating neutral for both the parent company and the subsidiary. The decision does not affect the current credit profile of either entity, according to the rating agency. Fitch affirmed JBS’s IDR at 'BBB-' with a stable…
AInvest Wire · Aug 20, 2026Fitch Ratings: JBS’s proposal to delist PPC is rating neutral for both issuers
Fitch Ratings has assessed JBS’s proposal to delist PPC and determined that the move is rating neutral for both JBS and PPC. The decision follows a review of the potential implications for credit profiles and capital structures of both entities. Fitch affirmed JBS’s IDR (Issuer Debt Rating) at…
AInvest Wire · Aug 20, 2026Pilgrim's Pride board to form special committee to review JBS proposal - SEC filing
Pilgrim’s Pride Corporation (NASDAQ: PPC) has established a special committee of independent directors to evaluate a proposal from JBS S.A. to acquire all outstanding shares for $26.50 per share in cash. The proposal, initially announced on August 13, 2021, aims to consolidate JBS's ownership ,…
AInvest Wire · Aug 20, 2026Light Horse does not author, endorse or verify the headlines, and their appearance here is not an endorsement of any view they express.
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