Venezuela pressures foreign partners on oil venture commitments: sources

Foreign partners of Venezuela's PDVSA are facing pressure from the state-run oil firm to publicly declare whether they will continue as minority stakeholders in Orinoco Belt projects following U.S. sanctions, three people familiar with the matter said......»»

Category: topSource: reutersFeb 11th, 2019

Midas VC Mary Meeker raises $1.25B as she pulls away from Kleiner

Top-ranked venture investor Mary Meeker has $1.25 billion in capital commitments for the first fund at her new firm, Bond Capital. Meeker spun the San Francisco-based firm out of Kleiner Perkins last year as new partners Mamoon Hamid and Ilya Fus.....»»

Category: topSource: bizjournalsApr 25th, 2019

China Lifts Cap on Foreign Auto JVs: Will US Carmakers Gain?

It needs to be seen if U.S. carmakers operating in China decide to buy out their joint venture partners in that country. Dispelling trade war fears, China, on Tuesday, announced that it will remove the cap.....»»

Category: personnelSource: nytApr 18th, 2018

Lady Gaga wins backing for cosmetics company

Gaga, oh, la la! A top Silicon Valley venture capital firm known for successful consumer startups is backing Lady Gaga’s soon-to-be-launched cosmetic company, sources say.  Recode reports that Lightspeed Venture Partners, the investment firm t.....»»

Category: topSource: bizjournalsJul 13th, 2018

Exclusive: Shell seeks to sell Venezuela JV stake to France"s Maurel & Prom - sources

Royal Dutch Shell Plc is negotiating the sale of its stake in a Venezuelan oil joint venture to Paris-based Maurel & Prom , three sources said this week, a move to scale down its crude business in the ailing OPEC-member country to focus on gas......»»

Category: topSource: reutersOct 11th, 2018

Door opens for UBS to take majority ownership of China JV

UBS Group AG may have moved a step closer towards becoming the first foreign bank to hold majority ownership of its Chinese investment banking operations, after two of its joint venture partners said they had put their stakes up for sale......»»

Category: topSource: reutersOct 12th, 2018

Exclusive: Venezuela"s self-declared president Guaido to nominate own Citgo board - sources

Advisers to Venezuela's self-declared president Juan Guaido have proposed he appoint six executives to a transitional board for U.S. refiner Citgo Petroleum Corp, Venezuela's most important foreign asset, four people close to the talks said......»»

Category: topSource: reutersFeb 12th, 2019

Craft 1861 Partners With World Boxing Council To Work On Research, Product Line

Hemp-derived CBD products manufacturer Craft 1861 said on Thursday it has established a venture with the World Boxing Council. Both parties will work together on research for CBD use in the recovery process and will develop a line of products. read more.....»»

Category: blogSource: benzingaAug 15th, 2019

JPMorgan confirms winning bid to take majority stake in China fund JV

JPMorgan confirmed it had won an auction to hold a majority equity stake in its Chinese asset management joint venture (JV), becoming the first foreign firm to move closer to taking control of an onshore funds business under new rules......»»

Category: topSource: reutersAug 6th, 2019

Deals of the week: Scottsdale shopping center sold for $16M

A joint venture between Holualoa Cos. and Epic Real Estate Partners purchased Scottsdale North Marketplace, a 68,522-square-foot retail center at Scottsdale and Lone Mountain roads for $16 million. Scottsdale North Marketplace is approximately 75.....»»

Category: topSource: bizjournalsAug 4th, 2019

Cushman & Wakefield partners with Fifth Wall

Cushman & Wakefield announced a strategic partnership with Fifth Wall, a venture capital firm focused on te.....»»

Category: realestateSource: realestateweeklyAug 2nd, 2019

JPMorgan set for historic majority stake in China funds JV: sources

JPMorgan was on Friday poised to become the first foreign company to hold a majority stake in a Chinese mutual fund business, two sources said, setting a precedent that one analyst said would trigger a wave of similar transactions......»»

Category: topSource: reutersAug 2nd, 2019

Team including former JBGers makes first D.C. buy, and it"s a big one

An Arlington-based firm including several former JBGers has bought the Union Square office complex in NoMa for $181 million, marking the venture's first acquisition in the D.C. area. Network Realty Partners teamed up with equity partner USAA Real E.....»»

Category: topSource: bizjournalsJul 31st, 2019

U.S. to grant final approval to American Airlines-Qantas joint venture: sources

The U.S. Department of Transportation (DOT) is set on Friday to grant American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016, two people briefed on the matter told Reuters......»»

Category: topSource: reutersJul 19th, 2019

Evercore set to lose out as Aramco reshuffles IPO roles: sources

Boutique investment bank Evercore Partners has lost the chance to retain a prime position as an independent advisor for Saudi Aramco's potential $100 billion share sale, as the oil giant revives its postponed listing, three sources said......»»

Category: topSource: reutersJul 18th, 2019

Another foreign executive, this time from Koch Industries, reportedly interrogated in China

A Koch Industries executive was prevented from leaving the immediate vicinity of his hotel in southern China in early June, The New York Times reported Thursday, citing three sources......»»

Category: topSource: moneycentralJul 12th, 2019

ConsenSys May Finally Fix Its ‘Chaotic’ Employee Equity Situation

ConsenSys founder Joseph Lubin is responding to employee complaints about how shares in the ethereum venture studio are doled out, sources say......»»

Category: forexSource: coindeskJul 11th, 2019

LogOff Brewing joins Rancho Cordova"s beer scene

Business partners with a background in the tech industry are pursuing a new venture that will focus on disconnecting — with beer.  The locally owned LogOff Brewing is planned at 3054 Sunrise Blvd., Suite J, in Rancho Cordova. The brewery and taproom.....»»

Category: topSource: bizjournalsJul 5th, 2019

Bright outlook for IPOs in 2nd half - Rao

With consumer-focused companies like Peloton and Casper set to debut, Manhattan Venture Partners research head Santosh Rao tells Reuters' Fred Katayama he's bullish about the prospects for IPOs in the second half of the year......»»

Category: videoSource: reutersJul 3rd, 2019

Legal roundup: Baker Donelson recognized, ADLA names officers, Maynard Venture Partners adds attorney

Editor's Note: Legal Roundup is the BBJ's weekly look at news and notes from the local legal scene. Send items to • Baker Donelson Bearman Caldwell & Berkowitz PC has been certified by the Women in Law Empowerment Forum (WILE.....»»

Category: topSource: bizjournalsJun 28th, 2019

Exclusive: Morgan Stanley likely to gain majority control of China securities JV in H2 - sources

Morgan Stanley is likely to get regulatory approval for owning a majority stake in its Chinese securities joint venture in the second half of this year, people with direct knowledge of the matter told Reuters......»»

Category: topSource: reutersJun 28th, 2019