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Tag: china
Nokia, China Huaxin sign MoU to create new JV
2015-08-28 14:43:00| Telecompaper Headlines
(Telecompaper) Nokia and China Huaxin entered into a MoU confirming their intention to combine Nokia's telecommunications infrastructure businesses in China (Nokia China) and Alcatel-Lucent Shanghai Bell (ASB) into a new joint venture. As agreed under the MoU, Nokia expects to hold 50 percent plus one share in the new joint venture, with China Huaxin holding the remaining shares. Fair value compensation would be received for the contribution of relevant assets to the joint venture. The new joint venture is conditional on and would be formed after the closing of Nokia's planned combination with Alcatel-Lucent, at which point Nokia would own 50 percent plus one share of ASB. The new joint venture is expected to be a strong national asset based in China capable of delivering value for both parties. The new joint venture is planned to operate under the English name of Nokia Shanghai Bell and would be registered in the China (Shanghai) Pilot Free Trade Zone.
Nokia agrees on 'Shanghai Bell' joint venture with China Huaxin
2015-08-28 14:19:14| Telecom - Topix.net
According to a memorandum of understanding, Nokia said it expects to hold 50 percent plus one share in the new joint venture, with Huaxin holding the remaining shares. China is the last major jurisdiction still to approve Nokia's 15.6 billion euro takeover of Alcatel.
VIDEO: Slowing China affects Africa
2015-08-28 13:57:57| BBC News | Business | UK Edition
Slowing growth in China has seen stock markets in turmoil and underlined the recent plunge in commodity prices - a key concern in many African economies.
Tags: video
china
africa
affects
The battle continues for Pernod Ricard in the US and China - Analysis
2015-08-28 13:50:00| Daily beverage news and comment - from just-drinks.com
Earlier this year, at its annual Capital Market Day presentations, Pernod Ricard earmarked the US and China as must-win "battlegrounds".
Tags: us
china
analysis
continues
Mesa Engineered Tank Products Announces Exclusive Distribution Agreement in China
2015-08-28 12:31:06| Industrial Newsroom - All News for Today
Cincinnati, OH Mesa Engineered Tank Products (http://www.mesaetp.com), a worldwide manufacturer of Aboveground Storage Tank Products, is proud to announce an exclusive agreement has been made with Garlock (http://www.garlock.com), an EnPro company, to distribute throughout China. Effective September 30, 2015, the...
Tags: products
china
agreement
distribution
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