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JBS concludes Pilgrim's Pride share subscription

JBS has announced that Pilgrim's Pride Corporation (PPC), a company listed on the New York Stock Exchange and controlled through its subsidiary, JBS USA Holdings Inc., has completed the raising of US$ 200 million, as planned in a statement made on December 8 last year. According to the statement, 94% of Pilgrim’s shares have been subscribed and the new shares will be issued and available as of March 9, 2012, the date of the annual shareholders’ meeting.

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