All articles tagged with #strategic alliance
Originally Published 2 months ago — by Bloomberg.com
Kering is selling its beauty division to L’Oreal for €4 billion as part of a strategic move to boost growth and address challenges like declining Chinese demand and high debt, marking the first major step under CEO Luca de Meo.
Originally Published 3 months ago — by Financial Times
Saudi Arabia and Pakistan have signed a 'strategic mutual defence' pact, strengthening their military and diplomatic ties amid regional and global tensions.
Originally Published 5 months ago — by Deadline
Sony has acquired a 2.5% stake in Bandai Namco for $464 million as part of a strategic alliance to expand their collaboration in the global market for Japanese content, anime, and gaming IPs, aiming to enhance fan engagement and create new entertainment opportunities.
Originally Published 6 months ago — by Western Athletic Conference
The Atlantic Sun Conference (ASUN) and the Western Athletic Conference (WAC) are forming a strategic alliance starting in July 2026, with WAC rebranding as the United Athletic Conference (UAC). The alliance aims to enhance operational efficiency, collaboration, and geographic footprint, while maintaining independent conference structures and NCAA automatic qualifiers. The partnership involves shared resources, scheduling, and innovation to support member institutions and student-athletes.
Originally Published 1 year ago — by NPR
The PGA Tour has struck a $3 billion deal with Strategic Sports Group, creating PGA Tour Enterprises and giving players access to over $1.5 billion as equity owners. The investment group, led by Fenway Sports Group and including owners of various pro sports franchises, aims to maximize revenue for players and enhance golf globally. The deal, unanimously approved by the PGA Tour board, also involves ongoing negotiations with the Saudi national wealth fund and aims to dismiss lawsuits involving LIV Golf, a rival league that has attracted prominent players.
Originally Published 2 years ago — by Reuters
Japan Display has announced a strategic alliance with China's HKC Corporation to co-operate on next-generation technology for displays, using Japan Display's eLEAP OLED technology, targeting mass production in 2025. The two companies will jointly plan and build display-making plants, with Japan Display providing its OLED technology to HKC, but not investing in the new plants in order to earn licence revenues and procure advanced panels without making huge capital expenditure of its own.