Joint Venture Archive

JOINT VENTURE OF ALIBABA GROUP AND MARRIOTT INTERNATIONAL TRIALS FACIAL RECOGNITION CHECK-IN TECHNOLOGY

Marriott International Teams Up with the Joint Venture to Pilot Technology at Two Hotels in China from July   Hong Kong, July 11th, 2018 – The Joint Venture of Alibaba Group (NYSE: BABA) and Marriott International (NASDAQ: MAR) today announced it is spearheading Marriott International’s facial recognition check-in pilot with Fliggy, Alibaba’s travel service platform.

Rio Tinto and Minmetals formalise joint venture for mineral exploration

Rio Tinto and Minmetals have today formalised a Joint Venture Contract to establish a 50:50 joint venture to explore for world-class mineral deposits in China. It follows a Technical Collaboration Contract signed in November 2017 when both parties committed to a collaborative partnership in mineral exploration. The joint venture is subject to regulatory approvals. Rio

Agreement between ArcelorMittal and NSSMC regarding joint venture to acquire Essar Steel India Limited

ArcelorMittal (The Company) has signed a joint venture formation agreement with Nippon Steel & Sumitomo Metal Corporation (NSSMC) in relation to its offer to acquire Essar Steel India Limited (Essar Steel). The Company’s subsidiary ArcelorMittal India Private Limited (AMIPL) submitted a Resolution Plan for Essar on 12 February, which outlined the intention to have NSSMC

Pepe Jeans, Dollar Industries enter into joint venture

To launch new range of products under brand name Pepe Jeans London To Manufacture And Market Premium Fashion Innerwear, Loungewear, Gymwear Sleepwear and Track Suits for Adults & Kids To Market And Sale Products In India, Sri Lanka, Nepal, Bhutan & Bangladesh Kolkata, 11th August, 2017: Dollar Industries Limited today announced a Joint Venture with

ALIBABA GROUP AND MARRIOTT INTERNATIONAL ANNOUNCE INNOVATIVE JOINT VENTURE TO REDEFINE TRAVEL EXPERIENCE

  Joint Venture to Create Seamless, Insight-based Travel Services, With Alibaba Serving as Gateway to More than Half a Billion Chinese Consumers   Chinese Outbound Travel Set to Boom with 700 Million Trips Estimated for the Next Five Years as Consumers Seek New, Elevated Travel Experiences SHANGHAI – August 7, 2017 – Alibaba Group Holding Ltd. (“Alibaba”) (NYSE:

New die making order: thyssenkrupp to supply production equipment to Chinese automaker

thyssenkrupp System Engineering has received an order from the Chinese automotive manufacturer SGMW for the manufacture and delivery of body stamping dies for a new vehicle generation. The contract value is in the double-digit million euro range. Under the contract thyssenkrupp will plan, design and manufacture tools for the production of exterior body parts, including

Koç Holding and Tata Group Companies sign joint venture to tap into India’s rapidly growing white goods consumer market

The JV targets market leadership in 10 years 28 May 2017 – Beko, part of Koç Holding A.S. (Koç Holding), Turkey’s largest industrials conglomerate, and Voltas Limited, part of the Tata Group, India’s largest conglomerate, have announced a deal that will see Beko and Voltas, India’s largest air conditioning brand, enter into a joint venture

E Factor Entertainment and Filmmaster Events form joint venture with to introduce specialized events in India

  National, March 23, 2017: E-Factor Entertainment Pvt. Ltd, India’s premium specialized events agency today announced its partnership with Filmmaster Events. Filmmaster Events part of the Italian Entertainment Network (IEN) is renowned globally for its expertise in events and content production.  The 50-50 joint venture will be incorporated as EFactor-Filmmaster Events will be focusing on

ETIHAD AVIATION GROUP BOARD APPROVES JOINT VENTURE TO CREATE MAJOR EUROPEAN LEISURE AIRLINE GROUP

The Etihad Aviation Group (EAG) Board has approved plans to create a new European leisure airline group in a joint venture with TUI AG, with a fleet of around 60 aircraft, offering 15 million seats capacity per year, focused on point-to-point flying to connect key European tourist markets. The transaction is subject to approvals by

Rio Tinto agrees sale of interest in Bengalla Joint Venture for US$606 million

Rio Tinto has reached a binding agreement for the sale of its 40 per cent interest in the Bengalla coal Joint Venture in Australia to New Hope Corporation Limited for US$606 million1. Bengalla is the smallest of three coal mines in the Hunter Valley of New South Wales in which Rio Tinto holds an interest,