Mar 11, 05:30 AM

JBS Competes With Almarai to Acquire Alwatania, Middle East's Largest Poultry Producer; JBS Stock Rises

Brazilian meat producer JBS is in competition with Saudi Arabia's Almarai to acquire Alwatania, the largest poultry producer in the Middle East. Sources indicate that JBS has made an offer for the company, which is a significant move in the region's poultry market. The interest from JBS comes as the company seeks to expand its operations in Saudi Arabia, reflecting its strategy to enhance its footprint in the Middle Eastern market. Meanwhile, Almarai, a major player in the region's food sector, is also vying for the acquisition, indicating a competitive landscape for Alwatania's shareholders. The news has positively impacted JBS's stock, with shares rising in the market following the announcement.

#JBS #Saudi Arabia #Almarai #Alwatania #Middle East #Middle Eastern

Written with ChatGPT (GPT-4o mini).

Sources

Toro Investimentos@toroinvest
2 years ago
☕ Morning Call - 11/03/2025 JBS (JBSS3) disputa aquisição da maior produtora de aves do oriente médio com gigante saudita; ações sobem na bolsa. Leia mais em: https://t.co/haDLFjcNK6
Valor Econômico@valoreconomico
2 years ago
JBS faz oferta para comprar maior empresa avícola do Oriente Médio, diz agência https://t.co/S1iGg3R5yj
News24 Business@News24_Business
2 years ago
Saudi Arabia's Zahid Group will start fresh negotiations with the shareholders of South Africa's Barloworld, after an initial acquisition offer was rejected. https://t.co/12aKdlFHfl

JBS Competes With Almarai to Acquire Alwatania, Middle East's Largest Poultry Producer; JBS Stock Rises

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