JBS Cancels IPO For U.S. Unit

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The Denver Post reports the world’s largest beef producer, JBS, has canceled its U.S. unit’s initial public offering but has not given a reason.

The company postponed the IPO twice. Greeley-based JBS USA Holdings Inc. said in a Securities and Exchange filing Monday it does not plan to “pursue the contemplated public offering at this time.”

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Source: www.DenverPost.com



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