Mergers & Acquisitions ·
On August 18, 2026, Pilgrim's Pride Corporation received an unsolicited proposal from majority stockholder JBS N.V. to…
PPCPilgrims Pride Corp
On August 18, 2026, Pilgrim's Pride Corporation received an unsolicited proposal from majority stockholder JBS N.V. to acquire all outstanding common shares not already owned by JBS for a fixed exchange ratio of 2.086 JBS Class A common shares per PPC share. This valuation is based on closing prices on August 18, 2026, of $13.66 for JBS and $28.49 for Pilgrim's Pride. The Board intends to form a special committee to evaluate the proposal, which is not binding. Pilgrim's Pride Corporation operates in the poultry processing industry.