Reported Earlier, JBS Forms JV With Indonesia Sovereign Fund Unit Danantara Investment Management To Expand Asian Protein Production; DIM To Commit $2.5B In Equity With Another $2.5B Of Debt Financing Planned
JBS USA Holding Lux S.à.r.l. ("JBS Holding") and PT Danantara Investment Management, the investment arm of Indonesia’s sovereign wealth fund ("DIM" and, together with JBS Holding, the "Parties"),
JBS, a big meat company, is teaming up with Indonesia's government investment fund to build more protein factories in Asia. This shows JBS believes Asia is growing and wants to be bigger there.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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