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| Name | Symbol | Market | Type |
|---|---|---|---|
| Marfrig Global Foods SA (PK) | USOTC:MRRTY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.50% | 2.00 | 2.00 | 2.03 | 2.00 | 2.00 | 2.00 | 100 | 15:15:14 |
From Jun 2019 to Jun 2024
Agribusiness giant Cargill Inc. has agreed to sell its U.S.-based pork business to Brazilian meatpacker JBS SA for $1.45 billion.
JBS has completed more than a dozen acquisitions since 2005, including poultry business Pilgrim's Pride Corp. In June, it announced a $1.5 billion deal for the European poultry unit of its local rival Marfrig Global Foods SA.
The deal includes meat processing plants in Ottumwa, Iowa, and Beardstown, Ill., that processed a total of 9.3 million hogs last year, as well as five feed mills and four hog farms.
JBS entered the U.S. pork market with the 2007 purchase of Swift & Co.
Write to Josh Beckerman at josh.beckerman@wsj.com
Access Investor Kit for JBS SA
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=BRJBSSACNOR8
Access Investor Kit for JBS SA
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US4661101034
Access Investor Kit for Pilgrim's Pride Corp.
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US72147K1088
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Marfrig Global Foods (PK) Chart |
1 Month Marfrig Global Foods (PK) Chart |
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