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Under the terms of the agreement, which took a year of hard talks to complete, the Walt Disney Co. and the Hong Kong government will be partners in a new joint venture, Hong Kong International Theme Parks Ltd.
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The Sands now gets nearly 90% of its operating profit from Asia, including from a casino resort in Singapore and Hong Kong-listed joint venture Sands China, which has three resorts in Macau.
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The company, a joint venture between Hong Kong's Hutchison Whampoa Ltd.
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In 2000 he agreed to build 3 Scandinavia, a provider of third-generation mobile-phone services, in a joint venture with Hong Kong's Hutchison Whampoa.
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Philips announced last year that it was transferring its loss-making television unit to a new joint venture arrangement with Hong Kong's TPV.
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It also has one of Hong Kong's largest ISPs with over half a million customers, as well as a broadband joint venture with Rupert Murdoch's News Corp and its Hong Kong affiliate Star TV.
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In one case, a U.S. company sold stock in a Hong Kong company that owned a 49% interest in a Chinese joint venture.
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Edinburgh-based Standard Life's current Asia and Emerging Markets operations include its retail investments business, which operates out of Hong Kong and Singapore, as well as its life and asset management joint venture businesses in China and India.
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