World's Largest Meatpacker Lists on NYSE Amidst Controversy

Reported 1 day ago

JBS, the world's largest meatpacking company, made its debut on the New York Stock Exchange, marking a significant shift as it distances itself from Brazil where it had traded for nearly two decades. Despite strong earnings, the company faces scrutiny due to past corruption scandals and environmental concerns. JBS's move aims to capture a broader investor base in the U.S. as over half of its sales now come from North America.

Source: YAHOO

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