Posted on November 18, 2009 at 10:50 AM
Filed under: Acquisitions | Joint Ventures and Alliances

When Marijin Dekkers (pictured) took command of Bayer AG in September, there was speculation a breakup of the 146-year-old pharmaceutical and chemical giant would follow. In a report Tuesday, Bloomberg noted that Abu Dhabi-run International Petroleum Investment Co. is talking with Bayer about a possible joint venture involving Bayer's MaterialScience...  Continue reading

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Posted on November 12, 2009 at 4:31 PM
Filed under: Joint Ventures and Alliances
Tagged: Pioneer Corp. , Sharp Corp.

Sharp Corp. and Pioneer Corp. have launched their Blu-ray disc joint venture. The Japanese electronics makers announced the deal to merge their optical disc businesses into a new venture in April. Both firms were at the time struggling. Pioneer had cut 10,000 jobs and exited its plasma TV business. Sharp...  Continue reading

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Posted on November 10, 2009 at 4:22 PM
Filed under: Case Studies | Corporate Strategy | Joint Ventures and Alliances
Tagged: 4G , Android , AT&T , Bill Morrow , Clearwire , Comcast , Droid , Google , HTC Hero , Intel Corp. , iPhone , Samsung Moment , Sprint , Verizon , WiMax

Sprint Nextel Corp. (NYSE:S) has lost about 3 million customers so far this year, which is making its 4G WiMax investments in Clearwire Corp. (NASDAQ:CLWR) all that more important. Rivals Verizon Wireless and AT&T Inc. (NYSE:T) operate a larger 3G network and are adding customers in the millions per quarter....  Continue reading

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Posted on November 9, 2009 at 10:28 AM
Filed under: Deal International | Joint Ventures and Alliances
Tagged: Bharti Enterprises , India , S. Robson Walton , Wal-Mart Stores

Wal-Mart Stores Inc. (NYSE:WMT) chairman S. Robson Walton last week made clear his interest in expanding the company's India footprint. Walton met with India Prime Minister Manmohan Singh in New Delhi to lobby for more access to the India market. Wal-Mart in May began operating a joint venture in the...  Continue reading

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Posted on November 6, 2009 at 3:02 PM
Filed under: Corporate Strategy | Joint Ventures and Alliances
Tagged: algae , alternative energy , Exxon Mobil , lithium-ion , Rex Tillerson , Toray Industries

When hearing about lithium-ion batteries, one tends to think about cell phones, laptops or the hot hybrid and electric vehicle market. What you don't think about is film separator. But Exxon Mobil Corp. (NYSE:XOM) does. Now an ExxonMobil affiliate has agreed with Toray Industries Inc. to establish a global joint...  Continue reading

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Posted on November 5, 2009 at 2:28 PM
Filed under: Integration | Joint Ventures and Alliances
Tagged: MillerCoors , Molson Coors , SABMiller

MillerCoors LLC continues to perform strongly since launching in July 2008. The No. 2 U.S. brewer, behind Anheuser-Busch InBev SA (NYSE:BUD), saw third-quarter profit rise 37% from the same quarter a year earlier. Revenue was up 3.1%. Keystone Light, Miller High Life, MGD 64, Blue Moon and other less-expensive brands carried...  Continue reading

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Posted on November 5, 2009 at 9:22 AM
Filed under: Best Practices | Corporate Strategy | Joint Ventures and Alliances | Middle market
Tagged: Cox Communications , Kenneth Lowe , Scripps Networks , Travel Channel

Scripps Networks Interactive Inc. (NYSE:SNI) is taking a 65% stake in Travel Channel Media, valuing the cable network at about $975 million -- the high end of analyst valuations. Cox Communications Inc. (NYSE:COX) will retain a 35% stake, spinning it off into a so-called leveraged joint venture. Scripps will...  Continue reading

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Posted on November 2, 2009 at 12:23 PM
Filed under: Best Practices | Corporate Strategy | Deal International | Joint Ventures and Alliances
Tagged: ACCC , American Airlines , Delta Air Lines , Graeme Samuel , Qantas , United Airlines , V Australia , Virgin Blue

Delta Air Lines Inc. (NYSE:DAL) and Australia's Virgin Blue Airlines Group received a three-year approval from the Australian Competition and Consumer Commission for a joint venture where they will coordinate operations between the U.S. and Australia, including on pricing, revenue management, schedules, capacity and routes flown.ACCC chairman Graeme Samuel said...  Continue reading

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Posted on October 29, 2009 at 11:33 AM
Filed under: Deal International | Joint Ventures and Alliances
Tagged: China , China-briefing.com , joint ventures

Joint ventures continue to be a primary vehicle for U.S. corporations expanding their businesses in China. The country, however, remains a risky one in which to operate. Among the chief concerns for foreign investors are a lack of infrastructure, evolving rules governing foreign investment and weak enforcement of intellectual property...  Continue reading

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Posted on October 28, 2009 at 3:09 PM
Filed under: Deal International | Joint Ventures and Alliances
Tagged: China Telecommunications Corp. , Dell Inc. , Perot Systems Corp.

Perot Systems Corp.'s (NYSE:PER) pending acquisition by Dell Inc. (NASDAQ:DELL) for $3.9 billion hasn't slowed the target's expansion in China. The latest deal is Perot's alliance with China Telecommunications Corp. to deliver IT services to the healthcare industry. The partners will work to develop and market an e-health platform to...  Continue reading

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