Previously, the same investigators had reportedly looked at Bristol-Myers Squibb (nyse: BMY - news - people) and TAP, a joint venture of Takeda and Abbott Labs (nyse: ABT - news - people).

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When we formed the joint venture our common vision was to tap the market here.

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To tap into Saudi Arabia's oil and gas sector, Punj Lloyd has forged a joint venture with Dayim, a firm owned by royalty.

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