JBS agreed a deal worth up to US$5 billion with an Indonesian sovereign wealth fund to form an Asia-Pacific protein joint venture, with Citi.

Parceria reunirá operações da companhia na Austrália e na Nova Zelândia para expandir negócios na Ásia

Danantara, a sovereign wealth fund, is buying a 25 per cent stake in JBS Australasia, which owns Primo smallgoods, Huon salmon and Rivalea pork.