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Lehman Brothers’ unit to start JV with China Railway Erju Co

HONG KONG (MarketWatch) — Lehman Brothers Holdings Inc. is to establish a $41 million joint venture with Chinese construction contractor China Railway Erju Co. to develop infrastructure projects and industrial complexes in China, according to news wire reports Tuesday. China Railway Erju will hold a 51% stake in the venture, while Lehman unit ALAM Southwest Holdings will hold the remaining share.
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Original post by Forextvblog

This entry was posted on Monday, March 31st, 2008 at 10:18 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Lehman Brothers’ unit to start JV with China Railway Erju Co”

  1. Forex » Lehman Brothers’ unit to start JV with China Railway Erju Co Says:
    April 1st, 2008 at 12:30 am

    […] Free Forex Signal wrote an interesting post today onHere’s a quick excerptLehman Brothers’ unit to start JV with China Railway Erju Co March 31st, 2008 HONG KONG (MarketWatch) — Lehman Brothers Holdings Inc. is to establish a $41 million joint venture with Chinese construction contractor China Railway Erju Co. to develop infrastructure projects and industrial complexes in China, according to news wire reports Tuesday. China Railway Erju will hold a 51% stake in the venture, while Lehman unit ALAM Southwest Holdings will hold the remaining share. Market Pulse Sto […]

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