JBS Announces Proposal To Dual List In Brazil And US

RTTNews | 834 days ago
Stocktwits
JBS Announces Proposal To Dual List In Brazil And US

(RTTNews) - Food company JBS S.A. (JBSAY.PK) announced a proposal to list company shares on the Sao Paulo Stock Exchange, using Brazilian Depository Receipts (BDRs), and the New York Stock Exchange, in order to better reflect the company's global presence and unlock value for shareholders.

The company said the dual listing strategy will accelerate its capacity for diversification and growth into more branded and value-added food products, reduce its cost of capital and generate greater returns for shareholders.

Under the proposal, Level II BDRs will be traded on B3, backed by Class A shares listed on the NYSE. Minority shareholders may cancel BDRs at any time to directly hold Class A shares. A dividend distribution linked to the dual listing will be part of the transaction, given the strategic relevance of the proposal.

The company will be subject to regulations set forth by the U.S. Securities and Exchange Commission (SEC), NYSE and the Brazilian Securities Commission (CVM).

Tags: JBSAY.PK
Stocktwits
read more
European Shares Mixed Amid Earnings Deluge

European Shares Mixed Amid Earnings Deluge

European shares were mixed on Thursday as investors digested a wave of corporate earnings and watched trade developments between the United States and China. Meanwhile, EU countries today formally adopted a 19th package of sanctions against Russia for its war against Ukraine that includes a ban on Russian liquefied natural gas imports.
RTTNews | 30 minutes ago
Yen Falls After Takaichi Elected As Japan PM

Yen Falls After Takaichi Elected As Japan PM

The Japanese yen weakened against other major currencies in the Asian session on Thursday, as traders expect that the incoming prime minister, Sanae Takaichi, would support accommodating monetary policy and pursue expansionary fiscal policies.
RTTNews | 1h 39min ago
Bank Of Korea Holds Rate At 2.50%

Bank Of Korea Holds Rate At 2.50%

The Bank of Korea retained its interest rate on Thursday as inflation remained stable and economic growth continued to improve amid rising concerns over the heated property market. The Monetary Policy Board of the Bank of Korea decided to leave the Base Rate unchanged at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February.
RTTNews | 2h 28min ago
European Economic News Preview: French Business Confidence Data Due

European Economic News Preview: French Business Confidence Data Due

Business sentiment from France and industrial trends survey from the UK are the top economic news due on Thursday. At 2.45 am ET, France's statistical office INSEE is scheduled to issue business confidence survey data is due. The manufacturing sentiment index is forecast to remain unchanged at 96 in October.
RTTNews | 4h 1min ago
European Shares Seen Lower With US-China Tensions In Focus

European Shares Seen Lower With US-China Tensions In Focus

European stocks are seen opening a tad lower on Thursday after reports emerged that the Trump administration is considering a plan to curb a dizzying array of software-powered exports to China, stoking fresh trade tensions.
RTTNews | 4h 17min ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | 4h 23min ago
Sensex, Nifty Open On Buoyant Note Amid Trade Deal Hopes

Sensex, Nifty Open On Buoyant Note Amid Trade Deal Hopes

Indian shares opened on a buoyant note on Thursday after reports suggested that India and the United States are close to finalizing a long-awaited bilateral trade deal that could sharply lower tariffs on Indian exports to about 15-16 percent from the current average of 50 percent.
RTTNews | 5h 26min ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
Forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Economic Indicators
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions
Press Release
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.