Swift tender offer extended
GREELEY – Swift & Co.’s previously announced cash tender offers have been extended through July 10.
Swift, and its parent company S&C Holdco 3 Inc., have extended the offers to expire at 8 a.m. Eastern Daylight Time. Originally, the offers were set to expire on July 5 at midnight. The extension will coordinate the closing of the offers with the closing of its acquisition by J&F Participacoes, S.A.
Swift had received valid tenders of about $622.8 million as of Thursday. The company is offering to buy back outstanding debt notes prior to its proposed purchase by J&F.
J&F owns 77 percent of JBS…
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