logo
Brazil's JBS asks shareholders to overlook opposition and approve a US stock listing

Brazil's JBS asks shareholders to overlook opposition and approve a US stock listing

Washington Post23-05-2025

Making meat is a messy business. But for Brazilian meat giant JBS, getting approval to trade its shares on the New York Stock Exchange has been even messier.
Environmentalists, animal rights groups, U.S. lawmakers and even some of its own investors have tried to stop a U.S. listing for JBS, noting the company's long record of corruption, monopolistic behavior and environmental destruction .

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

JPMorgan Can Retain Junior Bankers With Cash, Not Threats
JPMorgan Can Retain Junior Bankers With Cash, Not Threats

Bloomberg

timean hour ago

  • Bloomberg

JPMorgan Can Retain Junior Bankers With Cash, Not Threats

Investment banks and private equity firms are fighting over the kids again. Both sides want the smartest graduates hungry to get rich (many have monster student debts, to be fair), but someone must put them through Wall Street Boot Camp, the basic training of financial modelling, pitching clients and selling deals. Banks typically bear those costs — and they're fed up of private equity free riding on their investments. Hoping for an informal code of honor between competing firms, or threatening dire consequences for junior analysts who don't play by some imagined set of rules won't fix the problem. A better solution would be to use the tool that governs everything else in finance: money.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store