India, Aug. 10 -- JBS has formed a strategic partnership with Danantara Investment Management, the investment arm of Indonesia's sovereign wealth fund, and intends to expand its presence across Indonesia, Australia, New Zealand and other Southeast Asian markets. The transaction includes a $2.5 billion equity investment by Danantara for a 25 per cent stake in JBS's Australia and New Zealand operations.

In addition to the equity contribution, the joint venture is expected to provide incremental investment capacity of $2.5 billion, bringing total available capital to up to $5 billion to fund acquisitions, greenfield investments and other growth opportunities across Indonesia, Australia, New Zealand and Southeast Asia.

The region combines ...