O novo sócio da JBS: o governo da Indonésia
A JBS NV – a empresa que controla a JBS globalmente – anunciou hoje que o Danantara, o fundo soberano da Indonésia, vai investir US$ 2,5 bilhões numa joint venture composta pelos ativos da companhia na Austrália e Nova Zelândia. A transação – que dará ao Danantara 25% da JV – avaliou os ativos da […] The post O novo sócio da JBS: o governo da Indonésia appeared first on Brazil Journal .
JBS, a multinational corporation that owns JBS globally, announced today that the Danantara, Indonesia's sovereign fund, will invest $2.5 billion in a joint venture comprising the company's assets in Australia and New Zealand. The transaction values JBS's Australian assets at $7.5 billion, half of the entire company's market worth.
JBS's shares rose by 4.5% during trading, valuing the company at $15.8 billion on the New York Stock Exchange. The investment from the sovereign fund will be $800 million, which will be used to seek growth opportunities in Indonesia, Southeast Asia, Australia, and New Zealand. Over the next three years, Danantara will invest the remaining $1.7 billion as the JV identifies opportunities and raises additional capital.
JBS's strategy includes investing in greenfield and brownfield projects in these markets, as well as acquiring existing protein plants and companies. In the first two years after the closing of $800 million, investments can only be made in Indonesia; from the third year, the JV will have flexibility to invest in the other markets.
After the completion of the total Danantara investment, the JV is expected to seek an additional $2.5 billion in debt, raising the total amount to $5 billion. This is the second deal with a sovereign fund that JBS has struck this year, driven by the governments' pursuit of food security.
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