Key Takeaways SLG agreed to sell a 49% stake in 100 Park Avenue via a JV with Rockpoint at a $425 million valuation.The JV will enhance balance sheet flexibility for SLG, aiding capital efficiency.The Midtown tower's prime location and amenities support leasing momentum and potential valuation upside.SL Green (SLG) recently announced that it has entered into a joint venture (JV) with Rockpoint, a Boston, MA-based real estate private equity firm. Under the arrangement, SLG has agreed to sell 49% stake in 100 ...

KBC Securities and Van Lanschot Kempen Investment Banking announce joint venture in equities Combination will be a leading equities broker in the Benelux and pan-European specialist in real estate and life sciences Attractive value proposition for clients based on expanded stock coverage, enhanced liquidity and increased placing power in core markets and sectors Joint venture to operate under its own license and equal ownership of KBC Securities and Van Lanschot KempenJoint venture expected to start opera ...

Core Insights - POSCO Holdings Inc.'s POSCO Future M is focusing on lithium iron phosphate (LFP) cathode materials through a joint venture with CNGR and its Korean subsidiary, FINO, to construct an LFP cathode material plant [1][8] - The construction of the LFP cathode material plant at Pohang's Yeongil Bay General Industrial Complex is set to begin in 2026, with mass production expected to start in 2027 and an initial capacity of up to 50,000 tons annually [2][8] - The company aims to establish a comprehensive LFP cathode material business while enhancing collaboration with CNGR and FINO in production, technology, and marketing [3][8] Production Plans - POSCO Future M plans to convert parts of its existing high-nickel production lines at the Pohang plant to LFP production, allowing for earlier market entry with supplies expected in the second half of 2026 [4][8] Market Context - LFP batteries, while offering lower output than ternary batteries, are gaining popularity due to their cost-effectiveness and longer lifespan, particularly in energy storage systems (ESS) and entry-level electric vehicles [3]

Deal Structure & Regulatory Landscape - Oracle is the most likely candidate to lead the joint venture [1] - The deal's palatability to both the US and Chinese governments remains uncertain, pending Chinese regulatory approval [2] - The joint venture has the US government's blessing, suggesting a pre-approved proposal [3] Competitive Dynamics - Instagram Reels' run rate has surpassed $50 billion, indicating significant growth and competition with TikTok [5] - YouTube Shorts' engagement share is nearing that of TikTok [6] - TikTok's US revenue is estimated to be between $12 billion and $15 billion [6] - Instagram/Meta's revenue ramp-up is attributed to a better ad stack and personalization, enhanced by generative AI [8] Challenges & Future Prospects - TikTok faces challenges in algorithm and ad personalization, hindering revenue growth [8][9] - Rewriting the algorithm and attracting talent are crucial for the joint venture's success [10][11] - A public offering for the new joint venture is considered premature due to ongoing algorithm changes [9][10] - Silver Lake's involvement is viewed positively, suggesting a potentially good deal [4]

VANCOUVER, British Columbia, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V: WHN) (“Westhaven” or the “Company”) and Dundee Corporation (TSX: DC.A) (“Dundee”) are pleased to announce that on December 19, 2025 the parties entered into a definitive earn-in agreement (the “Earn-in Agreement”) granting Dundee the sole and exclusive right to acquire up to a 60% interest in Westhaven’s Shovelnose Gold Project, Prospect Valley Gold Project, Skoonka Gold Project and Skoonka North Project located in t ...

Tik Tok's long- aaited US spin-off now official. We think the company signing a deal to create a new entity backed by a group of mostly American investors including Oracle. And for today's tech, Julia Borston has details and what it might mean for the social media landscape in this country.Morning, Julia. >> Good morning, Carl. Well, this is a key milestone uh for the deal for US Tik Tok's US operations to become a joint venture.And that deal is set to close on January 22nd. This new entity called Tik Tok U ...

Carnival Corporation - Carnival Corporation reported adjusted earnings of $0.34 per share, exceeding analysts' expectations of $0.25 per share, with a record revenue of $6.33 billion, slightly below estimates [2] - For fiscal 2026, Carnival anticipates adjusted net income of $3.5 billion, surpassing the record levels of 2025 and the Visible Alpha consensus of $3.37 billion [2] - The company's board reinstated a quarterly dividend of $0.15 per share, reflecting confidence in future performance and commitment to shareholder value [3] Market Reaction - Following the positive quarterly results and optimistic guidance for fiscal 2026, shares of Carnival surged by 8% [1] - Shares of competitors Norwegian Cruise Line Holdings and Royal Caribbean Cruises also saw increases of 4.5% and 2.5%, respectively [3]

Tik Tok CEO telling employees that its parent company Bite Dance has reached an agreement to create a new US joint venture that will hold the US version of the app and that will be majority owned by US investors. Kevin Meyer Meyer is the founder and co-found co-CEO of Candle Media. He's also the former CEO of Tik Tok and the former COO of Bite Dance.And CNBC's Beijing bureau chief Ununis Yun is here as well. She joins us here at the NASDAQ this morning as well. So folks, let's run through this.Um, first of ...

TikTok has reached an agreement with American investors to form a new joint venture for its U.S. entity, bringing an end to a lengthy bidding war for the popular and controversial social media app. https://t.co/Gem9F9d68X (Photo: Matt Cardy via Getty Images) https://t.co/uZh5DkxRA2 ...

Now to that major breaking news about Tik Tok. The company's CEO telling employees the app's parent company Bite Dance has signed binding agreements to create a joint venture majority owned by American investors. NBC Savannah Sellers joins us now with more to explain this.Savannah, could this signal the end to that I guess it's been yearslong fight about the ownership of Tik Tok in America. What do we know about the investors here in the US. >> It really could Tom and that's a big deal because we've had so ...