New York listing moves closer for JBS
16/04/2025
Reuters reported the dual listing would allow JBS shares to trade in both the U.S. and Brazil, broadening its investor base and potentially boosting its valuation.
The company said its board may meet around April 22 to call a shareholder meeting, tentatively set for May 23. If approved and the SEC clears its Form F-4 registration, trading in New York could begin as early as June 12.
JBS noted the timeline remains subject to regulatory approval. Last month, key shareholder BNDESPar said it would abstain from voting on the listing, easing concerns over potential opposition.
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