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.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-07/jbs-gets-2-5-billion-from-indonesia-fund-to-expand-in-asia)

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