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Pilgrim’s Pride Forms Special Committee and Selects Advisors to Review JBS N.V. Proposal
The board of directors of Pilgrim’s Pride Corporation (NASDAQ: PPC) (“PPC”) has formed a special committee of independent and disinterested directors to review and evaluate the previously announced unsolicited proposal received on August 18, 2026, from JBS N.V. (NYSE: JBS, B3:JBSS32) (“JBS”) to acquire all of the outstanding shares of common stock of PPC that JBS does not currently own.
The special committee has selected Ropes & Gray LLP as legal counsel and Moelis & Company LLC as financial advisor to assist the special...
Pilgrim's Agrees to Acquisition of Walkers Deli & Sausage Company
Pilgrim's Europe today announced it has agreed to acquire Walkers Deli & Sausage Company from Samworth Brothers, subject to approval by the Competition and Markets Authority (CMA) and employee consultation in the United Kingdom.
Walkers is one of the UK's most established and respected producers of premium pork products, with a heritage dating back to 1824. The business operates from four production facilities on a single site in Leicester and employs approximately 1,150 team members.
The acquisition represents an important strategic step for Pilgrim's Europe, strengthening its position within the UK food industry and expanding its presence in value-added premium...
Pilgrim’s Announces Investment in Ellijay, Georgia to Align With Growing Consumer Demand
Pilgrim’s today announced a strategic investment to expand and modernize its Ellijay, Georgia poultry facility, strengthening the company’s ability to meet evolving consumer preferences, support key customer growth, and enhance long-term operational excellence.
The approximately $75 million investment will increase harvesting and portioning capacity in Ellijay and enable the facility to produce a broader mix of higher-value, boneless chicken products — including those used in popular chicken sandwiches, tenders, and other fast-growing categories. This investment supports key customers’ growth plans, through a change in Pilgrim’s...
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