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A collection of news and information related to Joint Ventures published by this site and its partners.
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Sinopec's Addax seeks more North Sea investments
Reuters* Says evaluating several targets, hopes for 2013 deal * Follows two multi-billion Chinese purchases last year * Addax traditionally strong in west Africa By Emma Farge GENEVA, May 24 (Reuters) - Sinopec subsidiary Addax Petroleum wants to buy more...Tags: United Kingdom, Gabon, Addax Petroleum Corporation, Western Africa, BP Plc
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DEALTALK-Hospital firms say research tie-ups can clinch takeovers
Reuters* Health care legislation causing more joint ventures * Partnerships are helping with acquisition strategy * More premier research centers willing to partner By Jessica Toonkel NEW YORK, May 23 (Reuters) - Hospital companies that tie up with top...Tags: Corporate Officers, Health Care Reform (2009), Restructuring and Recapitalization, Barack Obama, Community Health Systems Incorporated
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Nigeria's NNPC and Exxon unit to tap bond market by 2016
ReutersABUJA/GENEVA, May 23 (Reuters) - Nigeria's state oil company and a subsidiary of Exxon Mobil plan to tap the bond market by 2016 to fill a funding shortfall in their oil exploration joint venture, the companies said. Exxon and the Nigerian National...Tags: Nigeria, Restructuring and Recapitalization, Exxon Mobil Corporation, Bonds, Finance
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Vodafone says comfortable with Verizon Wireless status quo
ReutersLONDON (Reuters) - Vodafone said on Tuesday that it was very comfortable with its successful U.S. joint venture Verizon Wireless, but if an offer materialized that would benefit it more than the status quo, it would consider it. Vodafone's partner...Tags: Restructuring and Recapitalization, Vodafone Group Plc, Verizon Communications, Verizon Wireless
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Carrefour sells stake in Middle East venture for $683 million
ReutersDUBAI (Reuters) - Carrefour , Europe's largest retailer, agreed to sell its remaining 25-percent stake in a Middle East joint venture to local partner Majid Al Futtaim (MAF) for 530 million euros ($682.45 million), MAF said in a statement on Wednesday....Tags: Restructuring and Recapitalization, Carrefour S.A., Credit and Debt, Finance, Companies and Corporations
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Special Report: The Rise and Fall of China's Sun King
ReutersHONG KONG (Reuters) - In a 2010 speech before a packed ballroom of university students in Sydney, Shi Zhengrong, founder of Chinese solar-panel maker Suntech Power Holdings Co Ltd, listed the people who had been important in his rise to fame and riches....Tags: Science, Electronics, Stock Market, Alternative Energy, Barack Obama
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Delta will wait for new planes to mature: CEO
Reuters(Reuters) - Delta Air Lines is letting a wave of orders for the newest planes on the market roll by, giving the jets time to prove themselves before buying, its chief executive told Reuters on Wednesday. While other airlines have ordered more than 3,...Tags: Restructuring and Recapitalization, Corporate Officers, Banking, U.S. Airways, American Airlines, Inc.
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Exclusive: Carrefour to divest 25 pct stake in Middle East venture - sources
ReutersDUBAI (Reuters) - Carrefour , Europe's largest retailer, is in advanced talks to divest its remaining 25-percent stake in its Middle Eastern joint venture to local partner Majid Al Futtaim (MAF), two sources familiar with the matter said. Family-owned...Tags: Restructuring and Recapitalization, Carrefour S.A., Walmart, Dubai (United Arab Emirates)
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Claim Saudi princes laundered Hezbollah money "fanciful": lawyer
ReutersLONDON (Reuters) - Two Saudi princes on Tuesday sought to extricate themselves from a London legal battle with a Jordanian businessman who accuses them of laundering money for Hezbollah, an allegation their lawyer called "fanciful". Prince Mishal bin...Tags: Abdullah ibn Abdulaziz al Saud, Crime, Law and Justice, Judges, Imperial and Royal Matters, Saudi Arabia
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Goldman exits China's ICBC, seven years and billions later
ReutersHONG KONG (Reuters) - Goldman Sachs Group Inc raised $1.1 billion by selling its remaining shares in Industrial and Commercial Bank of China, ending a seven-year old investment and handing the Wall Street firm a return of nearly four times its original...Tags: JPMorgan Chase & Co., Banking, HSBC Holdings plc, Business Institutions, Bank of America Corp.
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Inside Penny Pritzker's portfolio: How a billionaire invests
By Melissa Harris and Gail MarksJarvisHow do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...Tags: Real Estate, Warren Buffett, Derivative Securities, Austin (Chicago, Illinois), Personal Finance
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Cannes Deals: Chinese Mogul Bruno Wu Partners With French Film Vet; Pierce Brosnan to Chase Olga Kurylenko
ReutersMay 17 (TheWrap.com) - Chinese mogul Bruno Wu's Seven Stars Entertainment has partnered with French mogul Pierre-Ange Le Pogam to form Angel Storm, a new joint venture that will develop and produce European-Chinese co-productions. Le Pogam and Wu have...Tags: Restructuring and Recapitalization, Action (Movie Genre), Oblivion (movie), Central Intelligence Agency, Guillaume Canet
May 24, 2013
|Story| Reuters
May 23, 2013
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May 23, 2013
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May 21, 2013
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May 22, 2013
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May 20, 2013
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May 22, 2013
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May 22, 2013
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May 21, 2013
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May 20, 2013
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May 19, 2013
|Column| Chicago Tribune
May 17, 2013
|Story| Wrap
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