Jun 13
PHILADELPHIA, June 13 (Reuters) - Private equity firm Kohlberg Kravis Roberts & Co is investing $400 million in a joint venture with Hilcorp Energy Co to develop the Eagle Ford Shale in South Texas, The Wall Street Journal reported on Sunday. KKR and Hilcorp could not be immediately reached for comment. Hilcorp will control 60 percent of the joint venture and run its operations, the newspaper ...
Jun 09
BEIJING, June 10 (Reuters) - JP Morgan Chase & Co has signed an agreement to form a securites joint venture with First Capital Securities Co Ltd in China, to further tap into the country's lucrative underwriting market.
May 31
TOKYO, May 31 (Reuters) - Mitsubishi Chemical Holdings Corp <4188.T> and Asahi Kasei Corp <3407.T> have agreed to set up a joint venture to operate their ethylene facilities at the same site from April 2011, the two chemical firms said on Monday.
May 21
BRUSSELS, May 21 (Reuters) - French oil major Total and Italian peer ERG Petroli secured EU regulatory approval on Friday for their refining and marketing joint venture in Italy. Under the deal announced in January, which will create the third biggest petrol station network in Italy, ERG will own 51 percent of the joint venture to be called TotalErg and Total the rest. The European Commission ...
May 12
SAN FRANCISCO, May 12 (Reuters) - Sara Lee Corp said on Wednesday it would sell its 51 percent stake in Godrej Sara Lee Ltd joint venture, which markets insecticides in India, to Godrej Consumer Products Ltd for 185 million euros ($233.7 million). The transaction is expected to close by July 3, Sara Lee said in a statement. The joint venture's revenue was around 7.5 billion Indian rupees ($158 ...