{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-091373","form_type":"8-K","ticker":"JBS","cik":"0001791942","company_name":"JBS N.V.","filed_at":"2026-08-19T01:04:08+00:00","discovered_at":"2026-08-19T10:05:00.682607+00:00","generated_at":"2026-08-19T10:05:26.717942+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"JBS proposes to acquire remaining 18% of Pilgrim's Pride for 2.086 JBS shares per PPC share","bullets":["JBS offers fixed exchange ratio of 2.086 JBS Class A shares per PPC share; based on Aug 18, 2026 closes ($13.66 JBS, $28.49 PPC), implied value ~$28.49/share, no premium.","JBS currently owns ~82% of PPC; proposal covers all outstanding shares not owned by JBS or affiliates.","Non-binding proposal subject to approval by a special committee of independent PPC directors and majority of votes cast by unaffiliated PPC shares.","Transaction would simplify structure, eliminate PPC standalone public costs, and delist PPC from Nasdaq; no JBS shareholder approval required.","Citi (financial), White & Case (legal), and Collected Strategies (communications) advising JBS."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-091373","json":"https://secwatch.observer/filing/0001213900-26-091373.json","markdown":"https://secwatch.observer/filing/0001213900-26-091373.md","text":"https://secwatch.observer/filing/0001213900-26-091373.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1791942/000121390026091373/0001213900-26-091373-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1791942/000121390026091373/ea0302563-8k425_jbs.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-19T10:05:26.717942+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}