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Tagged: #JV
What is your experience with Joint Ventures between corporates, any recommendations on Dos and Donts?
I think the key is the JDA’s agreed terms that will dictate the whole company. Putting a lot of effort into the process will make that company life way easier post signature of the JDA.
In JV, the shareholders agreement is critical since it sets out the roles and responsibilities of each shareholder. It is critical that shareholders have rotating senior leadership roles with each shareholder assuming the roles for which it has a competitive advantage for the first term.
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