Interested in staying current on the latest news in joint ventures? Water Street’s JV Newsfeed is a cross-industry collection of the most interesting joint venture announcements in the month. Each article is paired with relevant content from the Water Street Insight archive. 


 

No-Barrier_Raytheon-Logo-ER.png

Raytheon-led cyber joint venture adds to government leadership team, eyes international growth

Monday, May 8, 2017 | Washington Technology

The Raytheon-led cyber product venture Forcepoint has added a pair of executives to its government group leadership team with an eye toward international expansion nearly two years after the business’ initial formation.

Related Water Street Insight: 
Shaping Strategy in Joint Ventures >>

ULA_logo.svg.png

United Launch Alliance joint-venture agreement expires

Wednseday, May 10, 2017 | Jane’s 360

The 2005 joint-venture master agreement between Boeing and Lockheed Martin that created the United Launch Alliance (ULA) expired this month, according to a key US Air Force (USAF) official.

Related Water Street Insight: 
Aerospace & Defense Joint Ventures: United Launch Alliance's New Future >>

First-Data-Corp_opt.jpg

Live Oak Announces Joint Venture On Digital Banking Services

Wenesday, May 10, 2017 | Wilmington Biz

Live Oak Bancshares Inc. is branching out again. The Wilmington-based parent of Live Oak Bank announced that it is entering into a joint venture with payments firm First Data.

Related Water Street Insight:
How to Structure a Joint Venture: The Five Essential Elements of JV Dealmaking >>

glaxosmithkline-logo.jpg

GlaxoSmithKline (GSK) Apparently Prepping to Buy Out Novartis Consumer Health Joint Venture Stake for $10.3 Billion

Monday, May 15, 2017 | BioSpace

GlaxoSmithKline (GSK) appears to be preparing for a major buyout of Novartis (NVS)’s stake in the two companies’ consumer health joint venture. In March 2015, Swiss-based Novartis wrapped up a series of transactions with London, UK-based GSK. GSK bought Novartis’ global vaccines business, excluding the influenza vaccines. It created a Consumer Healthcare joint venture with Novartis, and sold its Oncology business to Novartis.

Related Water Street Insight:
Perspectives on Joint Venture Dealmaking in Healthcare >>

Shell-Logo.png

Shell, Aramco finalize separation of Motiva assets

Monday, May 15, 2017 | Oil and Gas Journal

Saudi Aramco and Royal Dutch Shell PLC have completed their previously announced transaction to divide up assets, liabilities, and businesses of their US-based refining and marketing joint venture Motiva Enterprises LLC.

Related Water Street Insight:
Split Ends: How to Exit a JV by Untangling the Assets >>

glencore-logo.png

Glencore in JV deal to supply Mexican fuel stations

Thursday, May 18, 2017, 2017 | Reuters

Major miner and trader Glencore has entered an agreement with Corporacion G500 SAPI (G500) to create a platform, to be known as G500 Network, which will service around 12 percent of fuel stations in Mexico.

Related Water Street Insight:
10 Commercial Conflicts to Consider when Structuring a JV >>

google-200x200.7714256da16f.png

E.ON, Google Strike Solar Energy Partnership

Saturday, May 20, 2017 | Handelsblatt Global

Germany’s largest utility is partnering with Google to introduce Sunroof, a solar-energy data platform, outside the US for the first time.

Related Water Street Insight:
Cracking the Code on Joint Venture Strategy Development >>

Saudi-Aramco-logo-logotype-1024x768_opt.png

Saudi Aramco, Jacobs sign infrastucture JV

Sunday, May 21, 2017 | Arabian Business

State oil giant Saudi Aramco has agreed a joint venture with Texas-based construction services firm Jacobs, the parties announced on Saturday.

Related Water Street Insight:
JV Board Requirements and Reviews in Saudi >>

National-Oilwell-Varco-Logo.svg.png

National Oilwell, Saudi Aramco to form JV in Saudi Arabia to build rigs and equipments

Monday, May 22, 2017 | MarketWatch

National Oilwell Varco Inc. NOV, +0.34% said Monday it has signed a memorandum of understanding with Saudi Aramco to form a joint venture in Saudi Arabia to build land rigs, rig and drilling equipment and offer aftermarket services.

Related Water Street Insight:
Succeeding in Cross-Cultural JVs >>

ve_logo_Namibia.png

Shell gets the nod to sell remaining stake in Vivo

Monday, May 22, 2017 | Daily Nation

The competition watchdog has approved the sale of an additional 20 per cent stake in Vivo Energy owned by petroleum giant Shell to Dutch firm Vitol, paving the way for Shell’s complete local exit and majority ownership by the buyer.

Related Water Street Insight: 
Split Ends: How to Exit a JV by Untangling the Assets >>

en_final_n.png

China, Russia set up wide-body jet firm in new challenge to Boeing, Airbus

Tuesday, May 23, 2017 | Reuters

China and Russia on Monday completed the formal registration of a joint venture to build a wide-body jet, kick-starting full-scale development of a program aimed at competing with market leaders Boeing Co (BA.N) and Airbus SE (AIR.PA).

Related Water Street Insight: 
Three Steps to Negotiating Joint Ventures in China >>

General_Electric_logo.svg.png

GE's Saudi joint venture to start gas turbine production this year

Monday, May 25, 2017 | Reuters

General Electric's joint venture to manufacture gas turbines in Saudi Arabia will start production by the end of the year, the chief executive of its state-backed Saudi partner said on Thursday.

Related Water Street Insight:
Succeeding in Cross-Cultural JVs >>

D8870CFB-5056-B733-49FC215E36481820-logo.png

Bee’ah, Masdar Establish Waste-to-Energy Company

Thursday, May 25, 2017 | Arab News

Bee’ah and Masdar have formally established the Emirates Waste to Energy Company (EWEC), a joint venture to develop waste-to-energy plants across the region, officials announced on Thursday.

Related Water Street Insight: 
How to Manage the Joint Venture Transaction Process >>

adno_logo.jpg

Adnoc and OMV sign agreement

Thursday, May 25, 2017 | TheNational 

Abu Dhabi National Oil Company (Adnoc) will work together with the Austrian producer OMV to help grow Adnoc’s downstream businesses.

Related Water Street Insight: 
Why Joint Ventures Fail – And How to Prevent It >>

Cisco_logo.svg.png

Cisco and IBM Team Up On Security

Wenesday, May 31, 2017 | Fortune

As the WannaCry ransomware attacks lit up the globe earlier this month, the security research teams at Cisco and IBM set up an open line of communication with one another as they scrambled, along with the rest of the world, to ascertain the digital worm's damage and to prevent others from falling victim. Now the pair of companies is consummating the partnership.

Related Water Street Insight: 
Cybersecurity Partnerships and Joint Ventures >>

Saudi-Aramco-logo-logotype-1024x768_opt.png

Saudi Aramco signs deals to build Gulf's biggest shipyard

Wednesday, May 31, 2017 | Arab News

Saudi Aramco plans to build the Gulf’s largest shipyard through a joint venture with three companies that it announced on Wednesday, a $5.2 billion (4.1 billion pounds) project aimed at helping reduce the economy’s reliance on oil.

Related Water Street Insight: 
How to Transfer Skills into a JV >>