JBS Makes Wall Street Debut As Batista Brothers Stage Remarkable Comeback
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JBS SA, the meat producer, has made its Wall Street debut, trading on the NYSE under the ticker "JBS" after a 15-year pursuit of a U.S. listing. The stock opened at $13.65, valuing the company at approximately $30 billion, surpassing Tyson Foods. This listing follows JBS's delisting from Brazil's São Paulo exchange and the Batista brothers' return to leadership after past corruption scandals. With SEC approval, JBS aims to leverage U.S. capital markets for expansion while managing its controversial history.
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