PILGRIMS PRIDE CORP 8K

JBS N.V. proposed a non-binding stock-for-stock acquisition of the remaining publicly held shares of Pilgrim’s Pride Corporation at a fixed exchange ratio of 2.086 JBS Class A shares per PPC share, subject to independent committee and minority shareholder approval.

On August 18, 2026, JBS N.V., already a significant shareholder of Pilgrim’s Pride Corporation, submitted a non-binding proposal to the PPC Board of Directors to acquire all outstanding PPC common shares that it and its affiliates do not already own, offering a fixed exchange ratio of 2.086 JBS Class A common shares for each PPC share based on that day’s closing prices, emphasizing strategic and liquidity benefits to PPC stockholders, stating it will not support any alternative change-of-control transaction, and indicating that any deal would require approval by a fully empowered independent special committee and a majority of votes cast by unaffiliated PPC shareholders, while reserving the right to withdraw or modify the proposal at any time.

Filing Facts

CIK

802481

Ticker

-

Form

8K

Source Type

sec

Accession

0000802481-26-000056

Alert Tier

8