Mubea Engineering AG and Somboon Advance Technology (“SAT”) have signed an agreement on the establishment of a joint venture. Through the joint venture company, which is yet to be founded, the parties intend to cooperate in the development, production, marketing, sale distribution and supply of coil springs, stabilizer bars and leaf springs, predominantly in the ASEAN-region.
DLA Piper represented Wynwood Brewing Company (WBC), a family-owned craft brewery based in Miami, in a strategic distributor alliance with Craft Brew Alliance (CBA), the fifth-largest brewing company in the US.
Baker McKenzie is advising longstanding client, Unilever, on a joint venture with Europe & Asia Commercial Company Ltd (EAC) in Myanmar. The transaction builds on Unilever and EAC's current operations in the country and evidences Unilever's long-term commitment to strengthen its portfolio, build scale and accelerate growth in the country and across the South East Asian market.
The joint venture, with annual sales in excess of €100 million, will manufacture, market and distribute home and personal care products in Myanmar.
Travers Smith LLP has advised long-standing client McColl's Retail Group (McColl’s), one of the UK's leading neighbourhood convenience retailers, on a new long-term supply chain partnership with WM Morrison PLC (Morrisons).
DLA Piper is advising China Eastern Airlines on a global joint venture between Air France KLM, Delta Airlines (Delta) and China Eastern Airlines (China Eastern), which have been consolidated by investments by China Eastern and Delta in Air France-KLM.
Mayer Brown JSM announced today that it represented PT CT Corpora (CT Corp), a leading conglomerate in Indonesia, in creating a joint venture with Prudential's Pruco Life Insurance Company to offer life insurance solutions in Indonesia.
The firm advised on CT Corp subsidiary PT Mega Corp's disposal of 49% of the shares in PT Asuransi Jiwa Mega Indonesia, to Pruco Life Insurance Company, subsidiary of US-headquartered Prudential Financial, Inc. CT Corp retains the remaining 51%.
Dentons has assisted Linkcity in securing consent for its joint venture Private Rented Sector (PRS) scheme at Pontoon Dock in Newham, East London, with Grainger plc as long-term investor-operator, the London Pensions Fund Authority as funder, and the Greater London Authority (GLA) as landowner.
In a landmark collaborative effort to operate a world class online and offline payments business and deliver a mobile wallet solution and related financial services, Touch 'N Go Sdn. Bhd. ("TNG") entered into a joint venture with Ant Financial Services Group ("Ant Financial"), the parent company of Alipay.
Clifford Chance has advised CK Infrastructure Holdings Limited (CKI) on a joint venture with Cheung Kong Property Holdings Limited and on the joint venture's acquisition of 100 % of ista International GmbH from CVC Capital Partners Fund V. The transaction is subject to customary regulatory and antitrust approvals and is expected to be closed in the fourth quarter of 2017.
Baker McKenzie advised Repsol S.A. in connection with establishment of an upstream joint venture with Gazprom Neft. The joint venture company, Eurotek Yugra, owned 75% by Repsol and 25% by Gazprom Neft, owns seven exploratory blocks in West Siberia, a relatively underexplored area of Russia with significant potential. Gazprom Neft has an option to increase its stake in Eurotek Yugra to 50%.