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Blackstone Group then announced the first joint venture of a buyout firm and the Shanghai local government, planning to set up an investment fund of 5 billion renminbi, or $732 million.
Enthusiastic support for the project from regional heavyweights, including Brazil and Argentina, has prompted others to describe the project as the first true joint venture of a political coalition determined to forge a new South American identity.
And Simon Best, managing director of Geron Bio-Med, a joint venture of a spin-off of the Roslin Institute and Geron Corp., adds, "To form another group sends the wrong message...
Observing the joint venture of a German-American company with a Turkish company, he found that conflicts began to appear, because the culture of Turkish company managers showed low individualism but a higher power distance and higher uncertainty avoidance level than the German-American company managers.
1984: Beijing Jeep, a joint venture of a state-owned Chinese firm and American Motors, is launched.
Similar(55)
E5 is a joint venture of Pluribus Capital Management, a private equity fund, and Guggenheim Partners, a financial services firm.
The work is a joint venture of Trans‐Urban Construction, a black outfit, and Lasker Goldman, a white construc tion company.
Bolero.net is a joint venture of SWIFT, a global payments network, and The Through Transport Club, a shipping insurer.
DSL Software, a joint venture of Deutsche Bank and HCL Technologies, a software company, is handling intricate jobs for the securities processing industry.
Free student tickets are provided as a joint venture of the Sponsor-A-Student Program and UChicago Arts Pass.
StarBand is a joint venture of Gilat, an Israeli satellite maker, EchoStar Communications, which operates the Dish Network television service, and Microsoft, which invested $50 million in the venture.
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