Hints and tips:
...However, the JV will be run under the Bernstein name, and Bernstein CEO Robert van Brugge will lead the combined business (SocGen’s cash equity head Stéphane Loiseau will become deputy CEO)....
...It added: “Chinese government records indicate that the chairman likely never contributed any capital to the JV.”...
...of its investment and value in the JV because of Fuji’s economic rights....
...However, the lack of cash proceeds for its Indus stake will likely limit the scope of the Liberty deal to Germany and Eastern Europe and exclude the VodafoneZiggo Dutch JV....
...joint venture with SanDisk, a subsidiary of Western Digital, which is locked in a legal dispute with Toshiba over the extent of the latter’s rights to sell the chip business without the consent of its JV...
Deal widens groups’ interests in country with promising shale oil and gas resources
...Planet Hollywood $515m Shortfall in valuation of the Las Vegas Planet Hollywood/Baltimore JV sold in October 2013 Linq/Octavius $249m Shortfall in valuation for the Linq and Octavius buildings in Las...
...Lowe’s is in dispute with Woolworths over its one-third stake in the A$3.3bn JV, and the largest part of Woolworths’ three-way deal – the sale of Masters properties and sites to a consortium of domestic...
...It was also assumed that Molson would be the buyer given the JV agreement gave Molson first and final bid in any sale....
American chains look for bigger slice of fast-casual dining sector
...The JVs tend to produce the foreign marques’ smaller sedans and SUVs, while their biggest and most expensive models — such as BMW 7-series and Mercedes S-Class sedans — are still imported from Europe....
...Quindell said it “has not fallen out with the RAC and continues to have a positive relationship, with a number of joint contracts in place including the CCS JV”....
...And these deals look like they may have more in common with those original commercial bank investments than with securities JVs or trust businesses....
...The JV, which includes Delta taking a 49 per cent stake in Virgin, would have about 25 per cent of the market for transatlantic, US-UK flights (Reuters)....
...Thursday’s picks from the BB team: a new export challenger to China; Manmohan’s mojo; Zardari’s legacy; and why China banking JVs are losing out....
...The JV owns Stepstone, Germany’s biggest jobs portal, and has some form with acquisitions, having bought the UK’s market leader Totaljobs.com in April....
...It is a JV with Argos or Best Buy, which has halted its expansion plans. Or what about a merger with Dixons Retail – the two drunks propping themselves up at the bar option....
...and relationship issues (what do I do when my JV [joint venture] fund management company sets up a subsidiary in Hong Kong?).”...
...On the eve of the buyout, Kerzner was poised to expand into Dubai, Morocco and the Philippines, via JVs....
...The JV will establish two funds, one for external institutional investors and one for Chinese investors....
...Under the latest version, Morgan Stanley would pay Citi $2.7bn in cash for a 51% stake in a JV combining their brokerage units – enabling Citi to record an accounting gain of up to $6bn....
...Citi will own just under half of the JV, which gives it around $10 billion....
...given ExxonMobil’s desire to expand in Brazil, and with the financing problems that Petrobras seems to be facing, now could be a prime time for these two heavy weights to form some kind of Brazil Sub-Salt JV...
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