Vigor Holders May Go Back to JBS

Vigor Holders May Go Back to JBS

Brazil Equity

The controller of Brazil’s Vigor Alimentos plans to conduct a share repurchase offer allowing shareholders to exchange Vigor shares for JBS shares, JBS and Vigor say, effectively reversing the process by which the dairy company was spun off from the Brazilian meatpacker last year. FB Participacoes will offer a one-for-one swap for all of Vigor’s outstanding shares, plus a small premium to account for differences in dividends. In last year’s exchange, JBS shareholders were offered the chance to s

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial