Saturday, May 30, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Project Tango's World-sensing Cameras To Come In Qualcomm's Reference Phone Designs
HDD Sales Drop, SSDs See Minor Growth
Nvidia Brings GameWorks To Mobile With AndroidWorks
Google Tries To Make Wearables Smarter
Facebook Now Supports Animated GIFs
ASRock Readies Z170 Motherboards For COMPUTEX
Apple Posts Workaround For Buf That Reboots The iPhone
Research Project Can Interpret, Caption Photos
Active Discussions
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Sony Se...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, September 12, 2013
Sony Sells M3 Shares to Deutsche Securities


Sony today announced that it has entered into a contract to sell 155,000 shares of its 791,908 shares of M3, an affiliated company of Sony, to Deutsche Securities.

The sale price is JPY37.8 billion (US$380.64 million) and Sony will receive net cash proceeds from the sale of the same amount on September 17, 2013. As a result of the sale, Sony expects to record a gain in operating income of approximately JPY13 billion during the second quarter of the fiscal year ending March 31, 2014.

Following the sale, Sony will still remain a major shareholder of M3 and will continue to pursue opportunities to collaborate with M3 in various business areas, including medical.


Previous
Next
Corning Thunderbolt Optical Cables Coming Soon        All News        Tablet Shipments to Top Total PC Shipments in 2013
AMD and Adobe Bring New OpenCL-Accelerated Features to Adobe Creative Cloud     General Computing News      Mayer: We Have 800 million Users

Get RSS feed Easy Print E-Mail this Message

Related News
Sony to Acquire Optical Archive As It Enters The Data Center Storage Market
Sony Aims At Growth Phase on Games, Image Sensors
Sony to License Its LDAC Audio Technology
Optical Drive Makers Face EU Antitrust Fines
Sony launches New Xperia C4 and Xperia C4 Dual Smartphones
Camera Sensor And Playstation Sales Kepts Sony's Annual Profit High
Sony Raises Profit Forecast
Sony Unveils New Home Audio Products
Sony Xperia Z4 Smartphone Unveiled In Japan
Sony's 4K Ultra HD TV Lineup Coming In The U.S.
Sony Unveils Pro 1TB And 2TB Hard Disk Drives with Thunderbolt and USB3.0 Dual Interface
Sony Increases Production Capacity for Stacked CMOS Image Sensors

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .