JBS, the world's largest food company, is expanding its presence in the United States. Its recent listing on the New York Stock Exchange (NYSE) aims to secure cheaper capital and attract investors to fuel further market expansion.
This move, while beneficial for growth, might also expose JBS to increased legal risks. The company faces opposition from various groups, including environmentalists and a bipartisan coalition of politicians.
JBS's strategy involves leveraging its NYSE listing to gain a competitive edge in the American market, potentially leading to significant changes in the food industry landscape.
Consumers outside Brazil may not be familiar with JBS, even though many will have tasted its products. But as the meat-packing colossus prepared to list on the New York Stock Exchange (NYSE) on June 13th, its American competitors were quivering in their cowboy boots. The listing is designed to allow JBS, already the world’s biggest food company by revenue, to gobble up even more market share by tapping cheaper capital and attracting new investors. Yet it could also leave the firm vulnerable to litigation from its broad range of enemies, who include environmentalists as well as an unusual coalition of Republicans and Democrats.
If you often open multiple tabs and struggle to keep track of them, Tabs Reminder is the solution you need. Tabs Reminder lets you set reminders for tabs so you can close them and get notified about them later. Never lose track of important tabs again with Tabs Reminder!
Try our Chrome extension today!
Share this article with your
friends and colleagues.
Earn points from views and
referrals who sign up.
Learn more