joint venture

Retail Asia29/04/2019

New Zealand honey business Comvita has entered into a conditional agreement to acquire the remaining 49 per cent of its China joint venture, Comvita Food Ltd and Comvita China Limited. The acquisition will be funded through the issuing of 4.05 million new shares, as well as a payment of $3.19 million. “This completes the ‘final […]

Retail Asia05/09/2016

Australian Ambassador to Indonesia Paul Grigson has welcomed the new partnership between Australian company Blackmores and Indonesias Kalbe that will allow new vitamin products to enter the local market. Blackmores will initially supply eight products in Indonesia through the joint venture, the Australian Embassy here said on its official website on Saturday (Sept. 3). Ambassador […]

Retail Asia13/06/2016

Bebe Stores has entered into a joint venture with Bluestar Alliance to take over its global marketing and store operations, including in Asia. Bluestar, a privately owned brand management company founded in 2006, has paid US$35 million to Bebe Stores for its minority stake in the new company. Until now, Bluestar has managed a plethora […]

Retail Asia02/06/2016

Shareholders of Malaysia’s largest duty-free operator Duty Free International Ltd have approved a strategic partnership with Heinemann Asia Pacific for a sale of up to 25% equity interest plus one share in DFZ Capital Berhad (DFZ). The sale and purchase agreement with Heinemann comprises a 10% equity interest plus one share in DFZ (the proposed sale), and two call options to […]

Retail Asia25/02/2016

South Korea’s retail conglomerate Lotte Group said Sunday that it plans to form a joint e-commerce venture with Indonesia’s biggest conglomerate Salim Group to grab a pie of the rapidly growing e-commerce market in Indonesia. According to Lotte Group, its Chairman Shin Dong-bin on Friday signed a memorandum of understanding (MOU) agreement with Salim Group […]

Retail Asia02/12/2015

D.M. Wenceslao and Associates, Inc. (DMWAI), a developer with one of the largest landbanks in Metro Manila, is teaming up with Hongkong Land through a joint venture (JV) between their respective subsidiaries, Portal Holdings, Inc. and Hongkong Land (Philippines) B.V. In a statement, DMWAI said the joint venture will develop primarily residential projects over a […]

Tag: joint venture

Comvita Honey wholly acquires China joint venture

Blackmores, Kalbe join forces in new Indonesian venture

Bebe Stores forms global JV with Bluestar Alliance

Malaysia’s DFI approves Heinemann sale agreement

Lotte, Salim to set up e-commerce platform solution JV in Indonesia

Developer DM Wenceslao partners with Hongkong Land through Joint Venture