JBS Gets $2.5 Billion From Indonesia Fund to Expand in Asia

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 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.