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Global food giant JBS S A could finally list shares in the U S (NYSE:TSN)

Global food giant JBS S A could finally list shares in the U S (NYSE:TSN)
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US senators have deep concerns over JBS New York listing plans By Reuters

US senators have deep concerns over JBS New York listing plans By Reuters
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US senators have deep concerns over JBS New York listing plans

The New York share listing of Brazilian meat company JBS SA would expose investors to risk and the U.S. Securities and Exchange Commission should closely scrutinize the company's criminal and environmental track record, a bipartisan group of senators said in a letter to the agency on Thursday. JBS, the world's largest meat packer, in July revived a decade-plus-long effort to list its shares on the New York Stock Exchange in hopes of accessing cheaper capital and more investors. In 2020, the SEC fined JBS $27 million to resolve other bribery charges related to its 2009 acquisition of Pilgrim's Pride, another top U.S. meat company.

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