Indonesia fund Danantara to invest $2.5bn in tie-up with Brazil meat supplier JBS

Business dealsPartnership targets Southeast Asia, Australia, New Zealand marketsA JBS meat plant in Brazil. JBS and Danantara will form a joint venture. © ReutersNATSUMI KAWASAKI and REZHA HADYANAugust 8, 2026 00:46 JSTJAKARTA -- Indonesian sovereign wealth fund Danantara will invest $2.5 billion in a new joint venture with JBS, the world's largest meat processor, the two companies announced Friday, citing future investment opportunities in Asia.