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TOKYO — Marubeni Corp and Asahi Breweries Ltd said Tuesday they have formed a joint venture in China with a local brewer in late January to produce wine from around August.
A joint venture of hotel company Interstate Hotels & Resorts Inc. and FCC Capital Corp. has acquired Exel Inns of America of Madison, operator of 22 Exel Inns, and has rebranded the properties to Days Inn, Baymont, Howard Johnson and other Wyndham Hotel Group brands. (WYN)
Air France-KLM is aiming to use the planned merger of Delta Air Lines and Northwest Airlines to build a long-term joint venture with the enlarged US carrier that would become the biggest player in the North Atlantic air travel market.
The Italian designer Giorgio Armani’s company has signed a joint venture to open stores in India.
Two Massachusetts medical device companies have formed a joint venture to develop new implantable treatments for nervous system injuries.