October 15, 2019 / 11:31 AM / a month ago

Brazil's JBS says Pilgrim's Pride concluded acquisition of Tulip in the UK - filing

SAO PAULO, Oct 15 (Reuters) - Brazilian meat processor JBS SA said on Tuesday that its subsidiary Pilgrim’s Pride Corporation (PPC) concluded the acquisition of Tulip Ltd in the United Kingdom.

In a securities filing, JBS said the acquisition of Tulip, valued at 290 million pounds ($366.76 million), was approved by PPC’s board and funded in cash.

$1 = 0.7907 pounds Reporting by Gabriela Mello

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