Ashford Hospitality Trust and PREI(R) Form $400 Million Mezzanine Joint Venture (Centre Daily Times)

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Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced it has formed a joint venture with Prudential Real Estate Investors (PREI) to invest in structured debt and equity hotel investments in the United States. The joint venture, which is expected to be funded over the next two years, will ultimately be capitalized with $300 million from investors in a fund managed by PREI and $100 million …

Dentsu plans Chinese online ad joint venture (Reuters via Yahoo! News)

Dentsu Inc, Japan’s biggest advertising firm, said on Tuesday it plans to set up an Internet advertising joint venture in Beijing with Focus Media Holding Ltd to tap China’s booming market.

FreightCar Enters Indian Joint Venture (AP via Yahoo! Finance)

Railcar manufacturer FreightCar America Inc. on Tuesday said it entered into a joint venture with an Indian railcar maker to develop freight cars for the Indian market.

Heaven Hill Distilleries enters into joint venture with Tierra De Agaves (Drinks Business Review)

Heaven Hill Distilleries has announced a joint venture with wine company Tierra de Agaves for the joint ownership of Lunazul and La Certeza tequila brands.

Reuters’ Indian Media Joint Venture Headed For A Split? (paidContent.org via Yahoo! Finance)

Well, the rumor has been around for a while now - I first heard about it in December, but was unable to confirm it; “Why break off a successful partnership?” I was told. Now a report in Indian business newspaper Mint says that Reuters is looking to exit its two-year old TV and digital media joint venture in India.

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