Shares in meat and leather group JBS are now listed on the New York Stock Exchange, as well as on the B3 exchange in its home country, Brazil.
The group said dual-listing reflected its global footprint and diversified operations. It currently has more than 250 production facilities in more than 17 countries, and employs around 280,000 people.
It added that the move was designed to unlock shareholder value, align the capital structure with its global profile, and expand access to investment opportunities.
Chief executive, Gilberto Tomazoni, said listing on Wall Street represented a significant milestone for the group. He called it “a source of great pride” and recognition of JBS’s success, which Mr Tomazoni insisited was “built on resilience, determination and a commitment to the future”.
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