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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...

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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%.

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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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Kinder Morgan And BP Form Joint Venture Limited Liability Company To Purchase U.S. Terminals From BP

2015-10-26 05:08:24| chemicalonline Home Page

Kinder Morgan, Inc., recentlyannounced that the company has finalized agreements with BP Products North America Inc. to acquire 15 refined products terminals and associated infrastructure in the United States in a transaction valued at approximately $350 million

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China forms joint venture to build $5.5bn high-speed rail line in Indonesia

2015-10-19 01:00:00| Railway Technology

China Railway International has signed a agreement to form a joint venture with a consortium of Indonesian state companies to build the first $5.5bn high-speed rail link between Jakarta and the West Java provincial capital of Bandung, Indonesia.

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