Since May, when J&F closed a billion-dollar deal to end the legal dispute it was in with the Indonesian giant Paper Excellence over the control of Eldorado Celulose, the market has been filled with a persistent commentary: the closure of the deal included Joesley Batista being enchanted with Indonesia. The agreement brought an end to the legal battle that had been going on for some time, allowing the company to move forward with new business opportunities in the region.
Joesley Batista is enchanted with Indonesia
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