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Joint venture is a method of creating cooperation between two and more business entities. Although this term refers to a shared risk (i.e. a joint venture), the entities are legally and economically independent, and they share the profits, losses and management of the business without the need for a merger or acquisition.
At PwC, we offer our clients services such as valuation of businesses (companies), tangible and intangible assets, and intellectual property in acquisitions, mergers, purchase and selling of business interests, and establishment of business shares (joint venture).