FB Participações S.A. acquired 34.01% stake in Vigor Alimentos S.A. from BNDES Participações S/A - BNDESPAR, JBS S.A. and other shareholders for approximately BRL 410 million.
January 24, 2014 at 09:30 am IST
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FB Participações S.A. made an offer to acquire the remaining 55.38% stake in Vigor Alimentos S.A. (BOVESPA:VIGR3) from BNDES Participações S/A - BNDESPAR, JBS S.A. (BOVESPA:JBSS3) and other shareholders for approximately BRL 570 million on July 24, 2013. Under the terms of the offer, 1 common share issued by Vigor will be exchanged by 1 common share issued by JBS, plus BRL 0.010812573 per share in cash. BNDES Participações S/A - BNDESPAR has made a firm commitment to fully adhere to the offer. The offer will open on December 20, 2013 and will close on January 21. 2014. The offer is subject to legal and regulatory approvals. On December 18, 2013, CVM granted the registration of the public tender offer as a result of the approval of the applicable registration exemptions related to the tender offer by the CVM's Board of Commissioners at the meeting held on December 17, 2013. The transaction will be coordinated by the broker bank Bradesco. Lefosse Advogados acted as legal advisor to FB Participações S.A.
FB Participações S.A. acquired 34.01% stake in Vigor Alimentos S.A. (BOVESPA:VIGR3) from BNDES Participações S/A - BNDESPAR, JBS S.A. (BOVESPA:JBSS3) and other shareholders for approximately BRL 410 million on January 24, 2014. A dividend of BRL 0.01146 per share of Vigor, an amount difference equivalent to the dividends paid by JBS and Vigor since June 21, 2012 until the date of the auction on the stock exchange was given in addition to one share of JBS.
JBS S.A. is one of the worldwide producers of beef. The group proposes carved beef and pork as well as prepared frozen products (cooked meats, sausages, mortadella, etc.). Products are marketed with food-processing industrialists, food retailers, supermarkets, restaurants, etc.
JBS also develops manufacturing of poultry products, milk products, leather items, hygiene products, pets foods, canned food activities, etc.
At the end of 2021, the group has over 500 production sites worldwide.
Net sales are distributed geographically as follows: South America (25%), the United States (74.1%) and other (0.9%).
FB Participações S.A. acquired 34.01% stake in Vigor Alimentos S.A. from BNDES Participações S/A - BNDESPAR, JBS S.A. and other shareholders for approximately BRL 410 million.
JBS S.A. 
