JBS, the world’s largest meat processor, has taken another step toward securing the approvals needed for a primary share listing on the New York Stock Exchange (NYSE), according to a filing with the US Securities and Exchange Commission cited by Money Times.
A US listing—long in the works—would give JBS access to a broader investor base and could lift its valuation to levels closer to industry peers; the company’s main listing is currently in Brazil. In the filing, JBS indicated that its board may meet this week to call a general shareholders’ meeting at which investors will vote on the proposed dual listing plan.
