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JBS proposes to acquire Pilgrim's Pride shares

PRIVATEAug 19, 2026about 4 hours ago

Acquiring Company

JBS

Acquired Company

Pilgrim's Pride

ParáGreeleyFood and BeverageFood and BeverageAgriculture and Farming

Description

JBS has made a non-binding proposal to acquire the remaining shares of Pilgrim's Pride Corp. for $28.49 per share. Currently holding approximately 82% of Pilgrim's Pride, JBS aims to allow stockholders to benefit from its diversified global operations. The proposal emphasizes continuity for stakeholders and the ongoing collaboration between the two companies.

Company Information

Company

JBS

Location

Pará, Brazil

About

JBS is one of the largest food co

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Frequently asked

Who acquired Pilgrim's Pride?

Pilgrim's Pride was acquired by JBS, based in Pará. The deal was reported on August 19, 2026. JBS is one of the largest food co JBS is privately held and operates in Food and Beverage.

When did JBS acquire Pilgrim's Pride?

JBS's acquisition of Pilgrim's Pride was reported on August 19, 2026. JBS has made a non-binding proposal to acquire the remaining shares of Pilgrim's Pride Corp. for $28.49 per share. Currently holding approximately 82% of Pilgrim's Pride, JBS aims to allow stockholders to benefit from its diversified global operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pilgrim's Pride do?

Pilgrim's Pride Corp. is a leading poultry producer in the United States. The company has a strong presence in the chicken market and aims to provide quality products to consumers. Established in the late 1940s, it has navigated various industry challenges. It is privately held, operating in Food and Beverage, and is based in Greeley.

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