Pilgrim’s Pride announces a 500-million euro note offering
Proceeds will fund general corporate purposes and finance the recent Walkers Deli acquisition.
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Poultry and prepared foods producer
pilgrims.comLast updated
In short: Pilgrim's agreed to acquire Walkers Deli & Sausage, launched a €500 million note offering, and reported second quarter 2026 results.
Proceeds will fund general corporate purposes and finance the recent Walkers Deli acquisition.
Subject to CMA approval, the deal expands Pilgrim's footprint in value-added pork categories and integrates Walkers' historic production facilities into its European operations.
The company will close its Tennessee harvesting division, impacting 348 workers, while focusing production on high-value boneless chicken products.
Adjusted EPS reaches $0.51 amid operational upgrades across the U.S., steady European volumes, and Mexican expansion.
BofA’s Hartnett says stay long commodities and gold as ’policy panic’ works ... GREELEY, Colo. - Pilgrim’s Pride Corporation (NASDAQ:PPC) and its subsidiary Pilgrim’s Europe...
A number of stocks fell in the afternoon session after national cattle shortages and volatile...
Brazilian meat powerhouse JBS has revisited its bid to take full control of American firm Pilgrim’s Pride Corporation (PPC).
The ongoing industrial action at Pilgrim’s Europe’s Enniskillen facility is set to reach fever pitch this week.
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