JBS forms meat joint venture with Indonesia’s sovereign-wealth fund
Yahoo Finance·2026-08-07 21:48
Brazilian meat giant JBS has entered a joint venture with Indonesia's sovereign-wealth fund to "pursue investment opportunities" in protein production. The agreement has been struck through its subsidiary JBS USA with PT Danantara Investment Management (DIM), the financing unit of the South East Asian country's wealth fund. JBS said the venture will target Indonesia and the rest of South East Asia, along with Australia and New Zealand, according to a statement today (7 August). Brazil and US-listed JBS adde ...