JBS, the world’s largest meat processor, is shifting its stock listing from Brazil to the US to capitalize on its significant American revenue, which constitutes over half of its $77.2 billion annual revenue. Despite the move potentially enhancing its valuation and access to funding, concerns about corporate governance due to the Batista family’s control and environmental issues may deter ESG-focused investors. Additionally, JBS faces challenges with rising costs and a profit decline, necessitating strategic changes beyond merely changing its market listing to improve its competitive standing against US rivals.
