In the first hours since the world’s largest meatpacker began trading on the New York Stock Exchange under the ticker JBS, the stock had a slow start. But shares ended the day up 5%.
Chloe Sorvino
@chloesorvino.bsky.social
Author of Raw Deal: Hidden Corruption, Corporate Greed and the Fight for the Future of Meat (Simon Element) Staff Writer covering food & agriculture at Forbes Steward at Forbes Union
Earlier this today, the shareholders of the world’s largest meatpacker, JBS, took a vote today on if the company should be listed on the New York Stock Exchange. The business is owned nearly 50% by entities controlled by the billionaire brothers Joesley and Wesley Batista.
"Despite A History Of Bribery And Corruption Among Top Shareholders, The World’s Largest Meatpacker Prepares To Go Public" @chloesorvino.bsky.social for @forbes.com
Despite A History Of Bribery And Corruption, JBS, The World’s Largest Meat Packager, Prepares To Go Public
Joesley and Wesley Batista, the billionaire brothers behind JBS, went to jail after paying off more than 1,800 politicians in their native Brazil and have struggled to launch a public offering in the ...
forbes.com
Hello, Bluesky! I’ve been hot on the trail covering JBS, the world’s largest meatpacker, for many years, and my feature out this morning is really the culmination of nearly a decade of reporting. Excited to share it with you. Read it here: www.forbes.com/sites/chloes...
Despite A History Of Bribery And Corruption, JBS, The World’s Largest Meat Packager, Prepares To Go Public
Joesley and Wesley Batista, the billionaire brothers behind JBS, went to jail after paying off more than 1,800 politicians in their native Brazil and have struggled to launch a public offering in the ...
forbes.com