JBS S.A. (BOVESPA:JBSS3) announced that the term of the shareholders agreement between its controlling firm J&F Participacoes and BNDES Participações S.A. - BNDESPAR, the investment branch of BNDES, ended on 31 December 2019. BNDES plans to sell its 21.3% share in JBS in the short term. The end of the agreement and the reduction of shares in the partnership allows JBS to have more freedom in its plans for opening its capital on the stock market abroad.