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JBS secures $2.5bn from Indonesia’s sovereign wealth fund for new joint venture
Meat giant JBS has partnered with Danantara Investment Management, an arm of Indonesia’s sovereign wealth fund, to establish a new joint venture that will manage JBS’ operations in Australia and New Zealand.
Anheuser-Busch is investing $5 million in its brewery operations in Columbus, Ohio, as the brewer looks to increase production capacity for fast-growing Michelob ULTRA brands.