Pilgrim's Pride

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JBS sees big opportunity from Primo Smallgoods

Brazil-based JBS is already the world's largest meat supplier but it has its sights on growing further in value-added products and in Asia -...

Focus: Tyson pays the piper to secure Hillshire

Tyson Foods has won through in the bidding war to acquire Hillshire Brands with an improved US$63 per share offer for the for the Jimmy Dean...

Comment: US food sector sees rising valuations

The dramatic M&A battle being played out in the US protein space comes as fresh evidence that food companies are willing to pay top-dollar f...

Focus: Tyson raises stakes in bid for Hillshire

Tyson Foods entered fray today (29 May) when it issued a fresh bid for Hillshire Brands, trumping an earlier offer from Pilgrim's Pride. Lik...

Latest News

Pilgrim's Pride earnings rise on margin growth 30 Oct 2014

Katy Askew

US chicken group Pilgrim's Pride has booked an increase in earnings for the first nine months of the year, boosted by higher sales and margins.


Hillshire posts strong results ahead of sale 14 Aug 2014

Dean Best

US food group Hillshire Brands, set to be taken over by meat giant Tyson Foods, has reported a year of increasing sales and profits.


Cost control helps Pilgrim's Pride profits 31 Jul 2014

Dean Best

US poultry processor Pilgrim's Pride has reported higher half-year profits as a lower cost of sales helped offset a dip in sales.


Tyson sells Mexico, Brazil ops to JBS 28 Jul 2014

Dean Best

Tyson Foods has struck a deal to sell its operations in Mexico and Brazil to meat processing rival JBS.


Tyson, Hillshire confirm takeover 2 Jul 2014

Katy Askew

Tyson Foods and Hillshire Brands today (2 July) entered into a "definitive" agreement that will see the US meat processor acquire the maker of Jimmy Dean sausages for US$8.55bn.

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