{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-117580","form_type":"8-K","ticker":"JBS","cik":"0001791942","company_name":"JBS N.V.","filed_at":"2026-11-09T21:52:45+00:00","discovered_at":"2026-11-09T21:54:00.305106+00:00","generated_at":"2026-11-09T21:54:07.663123+00:00","sec_items":["3.02","8.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"JBS buys controller J&F's Flora for R$2.968B (US$542M), equity paid in Class A shares","bullets":["Flora valued at US$542M with debt assumed; equity consideration of US$367M paid entirely in JBS treasury Class A shares and/or BDRs.","Share count set at reference price R$66.82916, based on 30-session VWAP of US$12.20 and PTAX rate of R$5.4778 per US$1.00.","Flora had R$2.9B (US$531M) net revenue for 12 months to Sept 2026; brands Minuano, Francis, Neutrox, OX; 5 plants, 7 DCs, 4,200 staff.","Also acquiring agribusiness media firm Canal Rural from J&F: R$88.1M per the purchase agreement, though the release cites US$11M (R$61M).","Related-party deals approved by an all-independent audit committee; expected to close December 2026; JBS sees no impact on net leverage."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-117580","json":"https://secwatch.observer/filing/0001213900-26-117580.json","markdown":"https://secwatch.observer/filing/0001213900-26-117580.md","text":"https://secwatch.observer/filing/0001213900-26-117580.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1791942/000121390026117580/0001213900-26-117580-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1791942/000121390026117580/ea0311486-8k_jbs.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-09T21:54:07.663123+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"}