EP Corporate Group a.s. (EPCG) has agreed to acquire a 20% stake in the steel business of thyssenkrupp AG, marking a pivotal move in the steel industry. The transaction, which is set to close within the current fiscal year of thyssenkrupp AG, is subject to approval from relevant authorities and the Supervisory Board of thyssenkrupp […]
In a landmark move poised to reshape the landscape of India’s railway infrastructure, AT Railway Sub Systems Private Limited (“AT Railway”), a wholly owned subsidiary of Sidwal Refrigeration Industries Private Limited (“Sidwal”)—which, in turn, is a material subsidiary of Amber Enterprises India Limited (“Amber”)—has inked a strategic joint venture with South Korea’s Yujin Machinery Ltd. […]
In a significant move to bolster North America’s energy infrastructure, Enbridge Inc. (TSX: ENB) (NYSE: ENB) has declared its entry into a definitive agreement with WhiteWater/I Squared Capital and MPLX LP. This partnership is set to create a joint venture aimed at developing, constructing, owning, and operating crucial natural gas pipeline and storage assets. These […]
British Land, in collaboration with Royal London Asset Management Property has unveiled a strategic joint venture (JV) to expedite the redevelopment of 1 Triton Square into a premier science and innovation facility at Regent’s Place. This ambitious initiative, valuing 1 Triton Square at £385 million, underscores both companies’ commitment to nurturing innovation and scientific advancement […]
In a significant development within the consumer durables sector, The Amber Group, a renowned market leader in Room Air Conditioners (RAC), RAC components, and non-RAC components, has announced its expansion into the washing machine segment. This strategic move is facilitated through a 50% joint venture (JV) with Telangana-based OEM Resojet Pvt Ltd, a subsidiary of […]
In a significant move towards bolstering India’s semiconductor manufacturing capabilities, CG Power and Industrial Solutions Limited (“CG”), Renesas Electronics Corporation (“Renesas”), and Stars Microelectronics (Thailand) Public Co. Ltd (“Stars Microelectronics”) have inked a Joint Venture Agreement (JVA). This strategic alliance aims to establish and operate an Outsourced Semiconductor Assembly and Test (OSAT) facility in India. […]
In a landmark development for the Indian media and entertainment industry, Reliance Industries Limited (RIL), Viacom 18 Media Private Limited (Viacom18), and The Walt Disney Company (NYSE:DIS) (“Disney”) have announced the formation of a joint venture (JV) that marks a significant step towards consolidating their businesses. This ambitious move will see Viacom18’s media operations merge […]