JBS dual listing delayed one day

Brazil: JBS Dual Listing Boosts Clout And Concern

The move, a dual listing in the US and Brazil, aims to tap into greater US dollar flows and increased liquidity. Long term, the company hopes to overtake US-based Tyson Foods in market cap, consolidating as the sole global leader in the sector. Currently, JBS is valued at roughly $16 billion, with $77.2 billion in revenue as of full-year 2024, compared to a $19.8 billion market cap for Tyson Foods on $53.3 billion in revenue. But despite the s…

JBS dual listing delayed one day

The company’s shares are expected to be traded on Brazil’s B3 Exchange and the United States’ New York Stock Exchange, effective June 13.