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Worthington's Tailor Welded Blanking Joint Venture Announces New Kentucky Facility
2015-11-17 11:31:09| Industrial Newsroom - All News for Today
COLUMBUS, OH Worthington Industries (NYSE:WOR) today announced that its tailor welded blanking joint venture, TWB Company, LLC, is opening a new facility in Glasgow, Ky. The company plans to sublease 12,000-square-feet of space from Fortis Manufacturing. The facility is expected to begin production by the end of...
Tags: joint
facility
kentucky
venture
GKN Driveline introduces new family of lightweight CV joint systems; 4kg weight reduction
2015-11-09 17:55:29| Green Car Congress
Tags: family
systems
weight
reduction
Tele2, Kazakhtelecom form mobile joint venture
2015-11-05 01:00:00| Total Telecom industry news
Deal to reduce number of operators in Kazakhstan to three; combined entity to have market share of 22%.
Tags: form
mobile
joint
venture
REITs Rethinking Joint Ventures
2015-11-04 20:53:00| National Real Estate Investor
Kyle Gustafson Discount to NAV means more REITs likely to tap JV capital. read more
Tags: joint
ventures
rethinking
reits
Tele2 agrees Kazakhstan joint venture with Altel
2015-11-04 08:36:00| Telecompaper Headlines
(Telecompaper) Tele2 announced an agreement to merge its mobile business in Kazakhstan with Altel, the mobile operator owned by Kazakhtelecom. The new business will have more than 5.6 million subscribers and a market share of around 22 percent. In addition, Tele2 will benefit from Altel's roll-out of a 4G network. Tele2 and Kazakhtelecom will own respectively 51 and 49 percent of the voting rights and 49 and 51 percent economic interests in the joint venture. Tele2 will retain management control. As part of the transaction, Tele2 will purchase Asianet's 49 percent stake in Tele2 Kazakhstan for an upfront consideration of SEK 128 million (USD 15 million) and a future earn-out equivalent to an 18 percent economic interest in the joint venture. This will give Tele2 a fully diluted economic interest of 31 percent, taking account of Asianet's earn-out.
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venture
kazakhstan
agrees
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