Joint Ventures


  • MOSCOW, Dec 9- Russia's Uralkali, the world's largest potash producer, is to create a joint venture for potash distribution with Malaysia as it seeks to boost sales in South East Asia, the company said on Monday. Malaysia, along with other countries in South East Asia, is a major market for the crop nutrient due to demand from its palm oil industry.

  • PARIS/ HONG KONG, Dec 5- Renault has won approval from Beijing authorities to begin Chinese production in a $1.3 billion joint venture with Dongfeng Motor Group, the carmakers said on Thursday. The 50-50 partnership "will allow Renault to deploy its ambitious strategy in the world's largest automotive market", the French company said in a statement.

  • PARIS, Dec 5- Renault has received a green light from Beijing authorities to begin Chinese car production in a $1.3 billion joint venture with Dongfeng Motor Group, the carmakers said on Thursday.

  • UPDATE 2-SPX to sell JV stake to focus on flow technology Wednesday, 4 Dec 2013 | 11:03 AM ET

    Dec 4- SPX Corp, which has been under pressure from its largest shareholder to boost its stock price, said it would sell its entire stake in an electrical equipment joint venture to partner Emerson Electric Co for $571 million. Ingersoll-Rand Plc has spun off its security business, while Timken Co is hiving off its steel division.

  • Dec 4- SPX Corp said it would sell its 44.5 percent stake in EGS Electric Group LLC to partner Emerson Electric Co for $571 million to focus on its main business of making pumps, valves and mixers to process and transport fluids.

  • Dec 4- Walt Disney Co and BesTV New Media are to form a digital joint venture in China as the U.S. company aims for a share of the country's fast-growing entertainment business.

  • DETROIT, Dec 2- Chrysler Group LLC said on Monday it will offer a new small commercial van for the North American market based on parent Fiat's Doblo van. The Ram ProMaster City will be built at a Fiat joint venture plant in Turkey. The plant, called Tofas, is a joint venture of Turkish conglomerate Koc Holding AS and Fiat SpA.

  • Venezuela launches joint venture with Samsung Electronics Wednesday, 20 Nov 2013 | 2:42 PM ET

    CARACAS, Nov 20- Venezuela's government and South Korea's Samsung Electronics said on Wednesday they are forming a joint venture to assemble devices and home appliances in the South American country. Industry Minister Ricardo Menendez said early production of smaller items such as tablets and cellphones is expected to start next year.

  • Stanley Crooke, Isis Pharmaceuticals chairman & CEO, discusses his company's strategic new partnership in the treatment of neurological disorders using antisense therapy.

  • Nikkei Business Report     Wednesday, 19 Jun 2013 | 4:30 AM ET

    Tokyo stocks fell today as overnight remarks by Fed's Bernanke that quantitative easing may slow down later this year triggered selling. However, GS Yuasa shares shot up by nearly 6% following news that it will team up with Bosch and Mitsubishi Corporation in developing and selling lithium-ion batteries for electric cars.

  • Nikkei Business Report     Friday, 17 May 2013 | 4:40 AM ET

    Mitsui, Mitsubishi and Nippon Yusen reached a joint venture agreement with the U.S. firm Sempra Energy. The project, estimated to cost $10 billion, plans to produce 12 million tons of liquefied natural gas a year by 2017, or equivalent to 10% of annual Japanese demand. The Nikkei's Sachiko Kishida reports.

  • Major Vodafone investors said $100 billion was not enough for the British company's stake in its U.S. joint venture with Verizon Communications.

  • Nasdaq to Set Up Trading Post for Private Firms Wednesday, 6 Mar 2013 | 7:43 AM ET

    Nasdaq OMX Group said it will form a joint venture with SharesPost to establish a marketplace for private companies. The stock exchange operator will retain a majority stake in Nasdaq Private Market.

  • Aviary: Powering Twitter's New Photo Filter     Wednesday, 12 Dec 2012 | 10:23 AM ET

    Avi Muchnick, Co-Founder & CEO of Aviary, discusses his company's two big partnerships with Twitter and Flickr.

  • Delta Buying 49% Stake in Virgin Atlantic     Tuesday, 11 Dec 2012 | 1:17 PM ET

    CNBC's Phil LeBeau reports the latest details of the $360 million deal and what it means for Delta and air travelers in general.

  • Hagar Rocking the Business World     Thursday, 25 Oct 2012 | 6:43 AM ET

    Rock star and Cabo Wabo founder, Sammy Hagar talks about making money and music, with CNBC's Becky Quick.

  • Monday's Market Rundown     Monday, 22 Oct 2012 | 9:00 AM ET

    The "Squawk on the Street" team report on the mornings market-moving stories, and what investors should be looking for, including the selloff in techs; Caterpillar's earnings and forecast; Microsoft's Windows 8 launch; and more.

  • Danaher, Cooper Sell $1.6 Billion Tool Venture to Bain Wednesday, 10 Oct 2012 | 10:43 AM ET
    Bain Capital headquarters, Bostonb Mass.

    Danaher Corp. and Cooper Industries said Wednesday that they will sell a tool-making business they created two years ago as a joint venture for about $1.6 billion to private equity firm Bain Capital.

  • Why Morgan Stanley Will Win     Tuesday, 7 Aug 2012 | 11:13 AM ET

    CNBC's Gary Kaminsky shares some thoughts on the possible joint venture of Morgan Stanley and Smith Barney.

  • Peabody Fuels the World     Friday, 20 May 2011 | 3:15 PM ET

    Discussing the global demand for coal, joint ventures in China, and future growth prospects for the world's largest private sector coal company, with Gregory Boyce, Peabody Energy chairman/CEO.

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