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Joint Ventures

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  • *VW 9- month group sales in China up 15 pct to 2.72 mln cars. European and U.S. carmakers are keen to raise their presence in China, but have been confined to owning 50 percent or less of joint venture companies run together with Chinese enterprises. VW, one of the first global automakers to establish production facilities in China during the 1980 s, has the biggest...

  • *VW 9- month group sales in China up 15 pct to 2.72 mln cars. European and U.S. carmakers are keen to raise their presence in China, but have been confined to owning 50 percent or less of joint venture companies run together with Chinese enterprises. VW, one of the first global automakers to establish production facilities in China during the 1980 s, has the biggest...

  • Oct 10- Rupert Murdoch's Twenty-First Century Fox and Apollo Global Management LLC agreed to combine three of their TV production companies behind hit shows such as "Big Brother", "American Idol" and "Masterchef" under one group. The companies said they would set up a joint venture to hold Apollo-controlled Endemol and Core Media and Fox's Shine Group.

  • Mondelez taps Gladden to serve as its CFO Thursday, 9 Oct 2014 | 9:56 AM ET

    DEERFIELD, Ill.— The snack company Mondelez named a former Dell executive as its chief financial officer Thursday. Brearton is stepping into a new role to form a joint venture coffee company for Mondelez. Gladden and Brearton will report to Mondelez International Chairman and CEO Irene Rosenfeld.

  • TOKYO/ NEW YORK, Oct 2- Japan's SoftBank Corp said on Thursday it is taking a minority stake in privately-held Legendary Entertainment for $250 million and will form a joint venture with the Hollywood movie studio. Investing in Legendary would give SoftBank access to Hollywood films and television shows and would also broaden the reach of the Japanese company...

  • BEIJING/ SHANGHAI, Sept 22- Nissan Motor Co Ltd said on Monday it had set up a joint venture to manufacture and market its Infiniti brand in China, seeking to cash in on higher demand for understated luxury sedans in the world's biggest auto market.

  • SOCHI, Russia, Sept 19- The chief executive of Russia's top non-state oil company Lukoil said on Friday his firm was evaluating the implications of Western sanctions on its joint venture with France's Total.

  • CEO OF RUSSIA'S LUKOIL OIL COMPANY SAYS EVALUATES SANCTIONS IMPLICATIONS ON ITS JOINT VENTURE WITH FRANCE'S TOTAL.

  • Sept 12- Precious metals miner Fresnillo Plc said it would buy Newmont Mining Corp's 44 percent stake in their Mexico joint venture mines for $450 million in cash, increasing its exposure to gold mining in the country.

  • Solid Venture's quest to fight DMD     Tuesday, 9 Sep 2014 | 6:50 AM ET

    Ilan Ganot, Solid Ventures, discusses the company's ongoing efforts to develop treatments for Duchenne muscular dystrophy through gene therapy.

  • *New company to own, manage MTN's 9,151 towers in Nigeria. DUBAI, Sept 4- South Africa's MTN has agreed to form a joint venture with specialist tower company IHS that will own and operate MTN's 9,151 transmitter towers in Nigeria, IHS said on Thursday.

  • KIEV, Aug 14- Ukraine's parliament approved a law on Thursday to allow gas transit facilities to be leased on a joint venture basis with participation from firms in the European Union or United States.

  • HARARE, Aug 5- A Zimbabwe- Russia joint venture company, Ruschrome Mining, plans to invest $1.6 billion in developing a platinum mine and constructing a smelter and refinery in the African state, the state-owned Herald newspaper reported on Tuesday.

  • Peugeot's China venture raises 2014 sales target Monday, 7 Jul 2014 | 7:30 AM ET

    SHANGHAI, July 7- French carmaker PSA Peugeot Citroen's Chinese joint venture with Dongfeng Motor Group Co Ltd raised its 2014 sales target by about 50,000 vehicles on Monday after a strong first-half sales performance.

  • June 26- Infosys Ltd co-founder N.R. Narayana Murthy is close to entering into an e-commerce joint venture in India with Amazon.com Inc through his investment firm, Catamaran Ventures, India's Economic Times reported. Amazon and Catamaran were not immediately available for comment.

  • PARIS/ STUTTGART, June 26- Daimler and Nissan have finalized a joint venture deal to build future Mercedes and Infiniti compact cars in Mexico, sources with knowledge of the matter said on Thursday as the automakers called a news conference to unveil the plans.

  • PARIS, June 16- Airbus Group and Safran confirmed plans on Monday to pool their efforts on space launchers, taking the first step towards what could become a unified European company to prevent the Ariane space rocket being eclipsed by U.S. low-cost rival SpaceX.

  • MOSCOW, June 16- Russian's Lukoil and Gazprom will set up a joint venture by the end of this year to explore a part of the Barents Sea shelf, Lukoil CEO said on Monday. Lukoil, Russia's biggest non-state oil producer, will have a 34 percent share in the venture, Vagit Alekperov told reporters on the sidelines of an energy conference in Moscow.

  • PARIS, June 16- Airbus Group and Safran confirmed plans on Monday to combine work on space launchers, accelerating efforts to fend off a growing threat to Europe's Ariane space rocket from U.S. low-cost rival SpaceX. Airbus and Safran shares were both up around 0.4 percent, while the CAC40 index was down 0.2 percent.

  • PARIS, June 16- Airbus Group and Safran said on Monday they had agreed to create a 50-50 joint venture in space launchers, combining Airbus's launch systems with Safran's propulsion systems, to help to compete with new low-cost rivals.