Tags: Joint venture

Chalco to divest shares in Guinea venture with Rio Tinto

The Aluminum Corporation of China Ltd or Chalco had announced the sale of its shareholdings in the Guinea venture with Rio Tinto.


John Wood Group and Siemens AG form JV

A joint venture firm was agreed to be formed between Siemens AG and John Wood Group John Wood Group Plc, the energy service firm together with Siemens AG, the German industrial conglomerate, have announced the formation of a joint venture entity to create a globally integrated rotational equipment service unit.

Bharti Retail-Walmart partnership stalls

The recent remarks made by officials of both Bharti and Walmart indicate issues between the two. Walmart Stores Asia head Scott Price, contrary to previous reports, said a conversion of the current franchisee agreement with Bharti Retail into a joint venture is 'not tenable'.

Solera Holdings inks definitive deal to buy equity interest in Service Repair Solutions

Solera Holdings said it would be buying USD 289 million worth of equity interest in Service Repair Solutions Inc from Welsh Carson Anderson & Stowe via a joint venture agreement.


Latest News

Danish wind turbine producer Vestas Wind Systems announced that it would be forming a new joint venture with Japanese conglomerate Mitsubishi Heavy Industries.
The former CEO of VeriFone (PAY) Systems Inc and GTCR joined to form a new venture called Opus Global Holdings.
Lufthansa Chief Executive Officer Christoph Franz said the European airline had left its door open for the possibility of forging a future alliance with Gulf airline companies.
Microsoft formed a video game venture with BesTV News Media Co to take advantage of more liberal free trade rules on gaming consoles in China's free trade zones.
According to its recent stock filing, NDB Capital Holdings Plc is planning a new private equity venture with US-based firm Zephyr Management LP.
Pelaburan Mara announced plans to invest in a soon-to-be-launched Shariah-compliant fund together with the Al-Rajhi Group of Saudi Arabia.
JPMorgan Chase & Co and the Bill & Melinda Gates Foundation formed the Global Health Investment Fund to combat deadly diseases in developing countries.
Fiat buys out GM to become sole owner of diesel engine manufacturer VM Motori. Fiat, the Italian carmaker, had laid out plans to takeover VM Motori, the Italian diesel engine manufacturer.
In an interview with a German daily, Volkswagen CEO Martin Winterkorn confirmed plans to increase its stake in the Chinese venture with FAW Group.
Italian investment company Azimut inked a joint venture partnership for Brazil with Legan Administracao de Recursos.
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