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Marks and Spencer said it had entered into a joint venture with Reliance Retail of India in the hope of establishing the British food-to-clothes retailer as a “major retail brand” in South Asia.
Viacom Inc. , its Paramount Pictures unit, Metro-Goldwyn-Mayer Studios Inc. and Lionsgate have formed a joint venture that creates a next- generation premium television channel and video on demand service that combines new and classic feature film output and original television series of five leading studios.
SYDNEY (Thomson Financial) - Qantas Airways Ltd. will sell a 50 percent stake in subsidiary Jet Turbine Services (JTS) to Lufthansa Technik AG. as part of the formation of a joint venture between the Australian national carrier and the German maintenance and repair organization (MRO), Qantas said Monday.
UPDATED: Viacom Inc. and its Paramount Pictures unit, MGM, and Lionsgate have formed a joint venture that will launch a premium TV channel and VOD service in the fall of 2009.
LONDON (Thomson Financial) - Vimetco N.V. said it and InterAgro SA. have formed a joint venture to support the construction of a power plant in Romania.