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Europe / Industry News & Trends / Mergers & Acquisitions
on October 15, 2019

Pilgrim’s Pride completes acquisition of Tulip Limited

Pilgrim’s board unanimously approves US$354 million transaction

Pilgrim’s Pride has completed its acquisition of U.K. meat company Tulip Limited.

The transaction, which was funded with cash on hand, was unanimously approved by the Pilgrim’s board of directors for a price of US$354 million (GBP290 million), according to a notice to the market from JBS, the majority shareholder…

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