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Beckham signs joint venture with Li & Fung arm

2014-12-03 13:28:13| Logistics - Topix.net

Football star David Beckham signed a worldwide licensing joint venture with Global Brands Group on Wednesday to create a lifestyle brand, marking the start of a celebrity-focused branding strategy at the Li & Fung consumer brands spin-off. "This is a joint venture that will build brands and licence brands all around the world not just with David Beckham but other incredibly iconic stars," chief executive Bruce Rockowitz said at a press conference marking the event.

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Telia, Telenor to merge Danish operations in joint venture

2014-12-03 08:51:00| Telecompaper Headlines

(Telecompaper) TeliaSonera and Telenor have agreed to merge their Danish operations into a new 50-50 joint venture. The two already cooperate on infrastructure sharing. Merging their business operations will create the leading operator in Denmark with 3.5 million mobile subscribers and an around 40 percent market share. The companies said the intense competitive pressure in the Danish market in recent years has limited their ability to invest. By combining their assets and customer bases, the operators expect to generate significant cost savings, freeing up cash for investment. Annual efficiency gains are estimated at at least DKK 800 million, with the full effect to be felt from 2019. The largest areas of synergy are envisaged to be distribution, sales and marketing and call centres, administrative costs, network and IT. Integration costs are expected to total DKK 800 million during 2015-2017. The new board of the company will have three representatives of each operator and a chairman agreed by both. A recruitment process will find the CEO of the joint venture. Closing of the deal is expected in 2015, pending regulatory approval from the European Commission. 

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Cargill, Trupointe form N. Indiana joint venture

2014-12-02 23:48:39| Food - Topix.net

Agribusiness giant Cargill Inc. and Ohio-based farm enterprise Trupointe Cooperative Inc. plan to create a joint venture with three northern Indiana grain elevators and crop inputs. The Journal Gazette reports the venture to be called TruHorizons will bring together Cargill's grain elevators in Bremen and LaPaz, and Trupointe's Milford Agronomy Hub, a Kosciusko County business selling crop nutrients, crop protection products, seed and other products.

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Ag companies plan joint venture

2014-12-01 21:56:15| Food - Topix.net

Trupointe Cooperative Inc. and Cargill Inc. have signed a letter of intent to create a joint venture with their facilities in Milford, Bremen and La Paz, Indiana, - including a $30-million grain elevator.

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MTR joint venture signs letter of intent for Beijing Metro Line 16

2014-11-27 01:00:00| Railway Technology

China's Beijing Municipal Government has signed a letter of intent with Beijing MTR joint venture for the investment, operations and maintenance of Beijing Metro Line 16.

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