NOTICE TO THE MARKET
JBS ANNOUNCES THE ACQUISITION OF A PORK PROCESSING PLANT IN
SEBERI/RS, BRAZIL
JBS S.A. ("JBS" - B3: JBSS3; OTCQX: JBSAY) communicates to its shareholders and the market in general, in accordance with the terms of the Brazilian Securities and Exchange Commission Instruction no. 358, dated January 3, 2002, that its controlled entity Seara Alimentos Ltda. ("Seara") signed, on April 25, 2019, with Adelle Indústria de Alimentos Ltda. ("Adelle") and other guarantor parties, a Sale and Purchase of Assets and Other Adjustments' Agreement ("Sale and Purchase of Assets Agreement") to acquire a pork processing plant, including its integration system, located in the city of Seberi, state of Rio Grande do Sul.
The acquisition price of the assets is R$ 235 million and will be paid by Seara as follows:
(i)R$ 80 million through a transfer of the Frederico Refrigerated Pork Plant, located in the city of Frederico Westphalen, state of Rio Grande do Sul; (ii) R$ 115 million through debt assumption; and (iii) R$ 40 million in local currency.
The conclusion of the transaction is subject to the approval of the Brazilian Antitrust Authority, amongst other usual conditions.
São Paulo, April 26th, 2019
Guilherme Perboyre Cavalcanti
Investors Relations Officer
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JBS SA published this content on 26 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2019 22:02:15 UTC