Tag: joint venture agreement

Yondr Group, Everstone ink JV to invest over $1 bn in India

Yondr Group, a global data centre major based in US, and Singapore-based Everstone Group have entered into a strategic joint venture to invest over $1 billion to develop and operate data centers across India, according to ET Bureau report. The investment will be used to fund the development and operation of multi-locational hyperscale data center business across…

GlaxoSmithKline plc and Pfizer Inc to form new Consumer Healthcare Joint Venture.

GlaxoSmithKline plc has reached an agreement with Pfizer Inc to combine their consumer health businesses into a new world-leading Joint Venture, with combined sales of approximately £9.8 billion ($12.7 billion). The JV will operate globally under the GSK Consumer Healthcare name. Under the terms of the transaction, GSK will have a majority controlling equity interest…

Joint Venture between Eicher Motors and Polaris Industries (USA), to invest Rs. 250 Crs in green field project in Automotive Sector

Eicher Motors Limited, a leading player in the Indian automobile industry has signed a strategic joint venture agreement with US based  Polaris Industries Inc., a recognized leader in the power sports industry, to set up a greenfield project in the  automotive sector.  The  definitive  agreement was signed between Mr Siddhartha Lal, MD & CEO, Eicher…