JBS forms meat joint venture with Indonesia’s sovereign-wealth fund
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·8h ago
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JBS NV said the Indonesian sovereign wealth fund Danantara agreed to invest $2.5 billion to form a joint-venture that will focus on the protein market in Southeast Asia, Australia and New Zealand.
JBS NV shares climbed after the company said the Indonesian sovereign wealth fund Danantara agreed to invest $2.5 billion to form a joint venture that will focus on the protein market in Southeast Asia, Australia and New Zealand.
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