• JBS proposed acquiring Pilgrim’s Pride shares it does not already own, offering 2.086 JBS Class A shares per Pilgrim’s Pride share.
• The offer implies $28.49 per Pilgrim’s Pride share, based on Aug. 18, 2026 closes of $13.66 for JBS and $28.49 for Pilgrim’s Pride.
• JBS holds about 82% of Pilgrim’s Pride common stock; the deal would take Pilgrim’s Pride private and end its Nasdaq listing.
• Completion hinges on a Pilgrim’s Pride independent special committee review and a majority vote of shares not owned by JBS affiliates.
• Citi is advising JBS financially; White & Case is legal counsel.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JBS NV published the original content used to generate this news brief via Business Wire (Ref. ID: 20260818096100) on August 18, 2026, and is solely responsible for the information contained therein.