💨 Abstract

Brazilian meat giant JBS seeks approval to list its shares on the New York Stock Exchange, despite widespread opposition from environmentalists, animal rights groups, U.S. lawmakers, and some investors. Critics point to JBS's history of corruption, monopolistic behavior, and environmental destruction. The SEC approved the listing, but minority shareholders are divided, with early votes showing 52% dissent. Environmental groups and influential advisory firm, Glass Lewis, have also urged rejection. Additionally, U.S.

Courtesy: WTOP Staff