JBS Minority Shareholders Approve Dual US-Brazil Listing
Brazilian meatpacker JBS on Friday secured shareholder support to move ahead with a long-planned dual listing of shares in both the United States and Brazil, it said in a securities filing.
At a shareholder assembly, the company's listing plan was approved by the votes from minority shareholders, cast both remotely and in person voting.
On Thursday, the company said a preliminary count showed about 52% of remote votes were against the plan, raising doubts about its chances.
Analysts and proxy advisory firms had debated the...
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