Jv news and trends

GM Enters $2.3B JV To Further Production Of Electric Vehicles
Partnerships / Acquisitions // December 09, 2019

General Motors announced that it is partnering with Korea’s LG Chem to mass-produce battery cells for future battery-electric vehicles. The companies will together invest up to $2.3 billion through a new, equally owned joint venture company, which will establish a battery cell assembly plant on...

First Data 1Q Report Beats Street Amid Traction In GBS, Clover Efforts
Earnings // April 30, 2018

First Data reported earnings results on Monday (April 30) that topped Wall Street expectations, powered by organic growth and what looks to be a continued turnaround in its North American operations. The headline numbers disclosed earnings of $0.29 a share, three pennies better than anticipated....

Palantir, Credit Suisse Link To Mitigate ‘Rogue Bankers’
Partnerships / Acquisitions // March 24, 2016

Credit Suisse has linked up with Palantir Technologies in a joint effort to, as Bloomberg puts it, “catch rogue employees” before they can move ahead to commit (financial) mayhem. The joint venture, split down the middle in terms of ownership, is named Signac and took final...

Quick Reads
China Regulator Gives Nod To Goldman JV’s

March 27, 2020
The China Securities Regulatory Commission has given final regulatory approval to Goldman Sachs and Morgan Stanley to assume majority stakes in joint securities ventures in the country, according to a report by Reuters. Beijing has been increasingly opening its borders to outside businesses. The approvals arrive as the country is trying to protect its economy […]

GM Enters $2.3B JV To Further Production Of Electric Vehicles

December 09, 2019
General Motors announced that it is partnering with Korea’s LG Chem to mass-produce battery cells for future battery-electric vehicles. The companies will together invest up to $2.3 billion through a...

Palantir, Credit Suisse Link To Mitigate ‘Rogue Bankers’

March 24, 2016
Credit Suisse has linked up with Palantir Technologies in a joint effort to, as Bloomberg puts it, “catch rogue employees” before they can move ahead to commit (financial) mayhem. The...