The Joint Venture Blog

Bertelsmann to sell its stake in Sony BMG joint venture for $1.2B (Baltimore Sun)

gestbiz — Wed, 06 Aug 2008 04:00:11 +0000

FRANKFURT, Germany (AP) _ Bertelsmann AG will sell its 50-percent stake in Sony BMG to Sony Corp. in a $1.2 billion deal, the companies announced Tuesday, giving the Japanese company full ownership of the joint venture whose roster of artists include Alicia Keys and Leona Lewis.

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Bertelsmann to sell its stake in Sony BMG joint venture to Sony in $900 million deal (Minneapolis-St. Paul Star Tribune)

gestbiz — Wed, 06 Aug 2008 04:00:11 +0000

LOS ANGELES - Bertelsmann AG will sell its 50-percent stake in Sony BMG to Sony Corp. in a $900 million deal, the companies announced Tuesday, giving the Japanese company full ownership of the joint venture whose roster of artists include Alicia Keys and Leona Lewis.

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Pirelli and Russian Technologies to Invest Approximately 250 Million Euros in Joint Venture in Russia (The Auto Channel)

gestbiz — Wed, 06 Aug 2008 04:00:11 +0000

MOSCOW - August 5, 2008: Pirelli & C. SpA, Russian Technologies State Corporation and the Government of the Samara Region signed an agreement in the context of the negotiations currently underway between Pirelli and Russian Technologies State Corporation aiming to set up an industrial joint venture in Russia.

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Sony goes it alone as Bertelsmann quits music joint venture (Philippine Daily Inquirer)

gestbiz — Wed, 06 Aug 2008 04:00:11 +0000

BERLIN — Sony was set Tuesday to take full control of the world’s second largest recorded music company after German media giant Bertelsmann said it would quit their Sony BMG joint venture.

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Sony shares rise after buying music joint venture stake (International Herald Tribune)

gestbiz — Wed, 06 Aug 2008 04:00:11 +0000

Shares in Sony Corp. traded higher on Wednesday after the electronics maker said it had agreed to buy Bertelsmann’s 50 percent stake in their Sony BMG music joint venture for around $900 million.

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Arabtec Construction LLC receives a letter of acceptance from Emaar-Bawadi Joint Venture For 1437 villas valued at Dhs … (Zawya)

gestbiz — Mon, 04 Aug 2008 04:00:04 +0000

Dubai, August 3 rd 2008: Arabtec Construction Arabtec Construction LLC received a letter of acceptance valued at AED 1.6 billion from Emaar Emaar - Bawadi Bawadi Joint Venture to design and construct 1437 villas as part of the Bawadi Bawadi project in Dubailand.

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UAE’s Mubadala and MAF Group in joint venture deal (MENAFN)

gestbiz — Mon, 04 Aug 2008 04:00:04 +0000

UAE’s Mubadala and MAF Group in joint venture deal

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Qimonda, Nanya finalizing plans to end DRAM joint venture (Computerworld Singapore)

gestbiz — Mon, 04 Aug 2008 04:00:04 +0000

Updated: 04 Aug 2008 TAIPEI, 01 AUGUST 2008 - Memory chip maker Qimonda and partner Nanya Technology are nearing a deal to end their joint venture in Taiwan, representatives of the companies confirmed Friday.

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Walgreen unit enters joint venture (Crain’s Chicago Business)

gestbiz — Sat, 02 Aug 2008 04:00:06 +0000

(AP) â€” Drugstore operator Walgreen Co. said Friday that its Walgreens-OptionCare subsidiary has agreed to establish a joint venture with MedNow Inc., a medical equipment services company. Financial terms were not disclosed of the joint venture, which will operate under the name MedNow, A …

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Exxon and Shell drop sale of Infineum joint venture (Financial Times)

gestbiz — Sat, 02 Aug 2008 04:00:06 +0000

Exxon Mobil and Royal Dutch Shell have abandoned the planned Â£1.5bn-Â£2bn sale of Infineum, their oil additives joint venture, after private equity bids came in below their target price.

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