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Joint Ventures

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  • SYDNEY, Dec 3- Australia's first initial public offering in a medicinal marijuana company is three times oversubscribed, giving high hopes to its founder's ambitions to become "the George Clooney of medicinal cannabis". Founder and executive director Ross Smith said investors- some from as far afield as Russia and the United States- have already asked for...

  • BERLIN, Nov 11- Volkswagen's bid to increase its stake in a lucrative joint venture with Chinese partner FAW has stalled just as the German automaker is stepping up expansion in its biggest market, company sources said. The setback to VW's ambitions in China, where it sells nearly 40 percent of its vehicles, comes as Beijing seeks to promote national champions...

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

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

  • AmEx clinches $900M travel joint venture deal Monday, 17 Mar 2014 | 4:49 PM ET
    American Express cards are arranged for a photograph in New York.

    American Express said four financial investors have committed a total of $900 million to a business travel joint venture.

  • Biogen Idec and Isis form strategic alliance   Monday, 9 Sep 2013 | 8:40 AM ET
    Biogen Idec and Isis form strategic alliance

    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
    Nikkei Business Report

    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
    Nikkei Business Report

    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.

  • vodafone-Booster-Brolly-200.jpg

    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
    Aviary: Powering Twitter's New Photo Filter

    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
    Delta Buying 49% Stake in Virgin Atlantic

    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
    Hagar Rocking the Business World

    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
    Monday's Market Rundown

    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.

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

    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.