### JBS Secures Shareholder Approval for U.S. Stock Listing Amidst Controversy - JBS, Brazil's largest meatpacking company, has received approval from its minority shareholders for a dual stock market listing on the New York Stock Exchange (NYSE) and in Brazil. This decision marks a significant step towards the company's long-term goal of expanding its market presence internationally. Despite the approval, the move has faced opposition from various environmental and anti-corruption groups, raising concerns about the company's practices and impact on sustainability. The approval is seen as a pivotal moment for JBS, potentially enhancing its valuation in line with global peers [https://seekingalpha.com/news/4452231-shareholders-of-brazils-jbs-approve-u-s-stock-listing][https://bilyonaryo.com/2025/05/24/brazil-meatpacking-giant-jbs-wins-backing-for-wall-street-listing/food]. ### Breakdown of the Approval Process and Implications 1. **Shareholder Vote**: The approval was granted during a shareholder meeting where minority shareholders voted in favor of the dual listing, overcoming significant opposition from advocacy groups [https://www.reuters.com/world/americas/jbs-minority-shareholders-approve-du-us-brazil-listing-2025-05-23]. 2. **Market Reaction**: Following the announcement, JBS shares experienced a rise, indicating positive market sentiment and investor confidence in the company's future prospects [https://www.bloomberg.com/news/articles/2025-05-23/jbs-says-us-listing-plan-approved-by-minority-shareholders]. 3. **Environmental Concerns**: The approval has not come without controversy, as environmental groups have voiced strong opposition, citing concerns over JBS's environmental practices and the implications of its expansion into the U.S. market [https://www.washingtontimes.com/news/2025/may/23/jbs-shareholders-approve-u-s-stock-listing-despite-opposition-from-environmental-groups-others]. 4. **Strategic Goals**: The dual listing is part of JBS's broader strategy to enhance its global footprint and align its operations with international standards, potentially increasing its competitiveness in the global meat market [https://invezz.com/news/2025/05/23/brazilian-meat-giant-jbs-clears-path-for-us-listing-with-dutch-based-holding-structure]. ### Supporting Evidence and Market Data - **Share Price Movement**: Following the approval, JBS shares rose to R$43.41, reflecting a positive market reaction and investor optimism regarding the company's future [https://www.esmmagazine.com/supply-chain/jbs-minority-shareholders-approve-dual-us-brazil-listing-289059]. - **Projected Listing Date**: JBS is expected to begin trading on the NYSE on June 12, 2025, marking a significant milestone in its expansion efforts [https://www.wattagnet.com/business-markets/news/15746866/jbs-dual-listing-gains-shareholder-approval]. ### Conclusion: A Pivotal Moment for JBS - **Major Conclusion**: JBS's approval for a dual listing on the NYSE represents a critical juncture in its growth strategy, despite facing significant opposition from environmental advocates. The approval not only enhances JBS's market valuation but also positions it for greater international engagement. 1. **Shareholder Approval**: Minority shareholders have backed the dual listing, overcoming opposition [https://www.bastillepost.com/global/article/4876199-brazils-jbs-asks-shareholders-to-overlook-opposition-and-approve-a-us-stock-listing]. 2. **Market Response**: The positive market reaction indicates investor confidence in JBS's future [https://www.seattlepi.com/business/article/brazil-s-jbs-asks-shareholders-to-overlook-20342272.php]. 3. **Environmental Concerns**: Ongoing opposition from environmental groups highlights the challenges JBS may face in its expansion [https://www.washingtontimes.com/news/2025/may/23/jbs-shareholders-approve-u-s-stock-listing-despite-opposition-from-environmental-groups-others]. 4. **Strategic Growth**: The dual listing is a strategic move to enhance JBS's global competitiveness [https://invezz.com/news/2025/05/23/brazilian-meat-giant-jbs-clears-path-for-us-listing-with-dutch-based-holding-structure].