JBS restructuring process commences

Company says new structure better reflects global presence.

JBS S.A. filed with the U.S. Securities & Exchange Commission last week to obtain approval for listing shares of the newly created subsidiary JBS Foods International on the New York Stock Exchange (NYSE). The move signals that the corporate reorganization JBS announced in May is officially underway.

“JBS S.A. intends to pursue a global reorganization, or the global reorganization, pursuant to which it will transfer all of its businesses — other than its Brazilian beef business

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