Dana, Dongfeng joint venture proceeding

August 2007
Trailer / Body Builders;Aug2007, Vol. 48 Issue 10, p6
Trade Publication
The article reports on the joint venture between Dana Mauritius Ltd. and Dongfeng Dana Axle Co. Ltd. after the former has closed on the purchase of 4% of the registered capital of the latter from Dongfeng Motor Co. Ltd. It states that Dana Mauritius has also agreed to purchase another 46% equity interest in Dongfeng Dana Axle Co. Ltd. within the next three years for about $55 million. About 8,000 employees will be employed in Dongfeng Dana Axle which will be headquartered in Xiangfan, China.


Related Articles

  • DANA RAISES STAKE, EXPANDS IN CHINA.  // Forging;Jul/Aug2011, Vol. 20 Issue 4, p12 

    The article reports that Dana Holding Corp. increases its stake to 50% in Dongfeng Dana Axle Co. Ltd. by acquiring an additional 46% of the joint venture, representing a $124 million investment that makes Dana an equal partner at Xiangyang, China operation.

  • Dana, Dongfeng joint venture proceeding.  // Bulk Transporter;Aug2007, Vol. 70 Issue 2, p14 

    The article reports that the Dana Mauritius Ltd. has purchased 4% of the registered capital of Dongfeng Dana Axle. The company has paid about $5 million for this equity interest. It will invest in an existing Dongfeng subsidiary to form a company. This joint venture company will employ around...

  • Ownership Strategy in SMEs' International Joint Ventures. Tanganelli, David; Schaan, Jean-Louis // Journal of Small Business & Entrepreneurship;2011, Vol. 24 Issue 4, p551 

    The internationalization of small and medium-sized enterprises (SMEs) through international joint ventures (IJVs) has received limited attention in the international business literature. This study analyzes factors that lead an SME to gain a dominant equity share in an IJV. Three hypotheses are...

  • SL Green to Sell Minority Stake in 521 Fifth Ave. Stratton, Kelly // National Real Estate Investor Exclusive Insight;10/28/2012, p9 

    The article reports that SL Green Realty Corp. has reached an agreement to sell a 49.5% equity interest in 521 Fifth Avenue for 72 million U.S. dollars to Plaza Global Real Estate Partners, a joint venture between Quantum Global Real Estate and LaSalle Investment Management.

  • Briefs.  // African Business;Jan2008, Issue 338, p8 

    This section offers business-related news briefs. MFK Corporation and China National Aero-Technology Import and Export Corporation (Catic) have plans to assemble Geely cars in a new plant outside Kampala, Uganda. France Telecom has acquired a 51% stake in Kenya's state-owned telecommunications...

  • Bowleven provided update on farm-out of Etinde in Cameroon.  // African Business News;10/28/2014, p1 

    No abstract available.

  • CRRC invests in US venture.  // Railway Gazette International;Aug2015, Vol. 171 Issue 8, p20 

    The article focuses on the acquisition by Chinese state owned rolling stock manufacture CRRC Corp. of a minority stake in a joint venture formed by start-up Vertex Rail Technologies and private equity partners to manufacture wagons in Wilmington, North Carolina.

  • FACILITIES.  // Industry Week/IW;Nov2006, Vol. 255 Issue 11, p16 

    This section provides information related to industrial facilities. Job safety and health are the top operating priorities among Industry Week's Best Plants. A survey by the National Association of Manufacturers revealed that 78.4% of the 467 small manufacturers polled do not have a plant,...

  • Bowleven provided update on farm-out of Etinde in Cameroon.  // World Energy News;10/28/2014, p1 

    No abstract available.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics