Difference between revisions of "WorldOpp joint venture"
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| − | Any [[WorldOpp joint venture]] (alternatively known as [[WorldOpp JV]] or [[WOJV]]; hereinafter, ''WOJV'') is a [[joint venture]] created by two parties, one of which is [[Friends Of CNM]] (hereinafter, the ''Alliance''). Any ''WOJV'' is characterized by shared ownership, shared returns and risks, and shared governance. | + | Any [[WorldOpp joint venture]] (alternatively known as [[WorldOpp JV]] or [[WOJV]]; hereinafter, ''WOJV'') is a [[joint venture]] created by two parties, one of which is [[Friends Of CNM]] (hereinafter, the ''Alliance'') and another (hereinafter, the ''Host'') is a [[legal entity]]. Any ''WOJV'' is characterized by shared ownership, shared returns and risks, and shared governance. |
Revision as of 21:14, 7 October 2019
Any WorldOpp joint venture (alternatively known as WorldOpp JV or WOJV; hereinafter, WOJV) is a joint venture created by two parties, one of which is Friends Of CNM (hereinafter, the Alliance) and another (hereinafter, the Host) is a legal entity. Any WOJV is characterized by shared ownership, shared returns and risks, and shared governance.
Purpose
WOJV can be created because of one or more reasons as follows:
- To access new markets. Most likely, the Alliance would like to access , particularly emerging markets.
- To gain scale efficiencies by combining assets and operations.
- To share risk for major investments or projects.
- To access each other's competencies.
