Sunday, May 29, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Nvidia's GeForce GTX 1080 Launches Wordlwide
Corsair Bulldog PC Is Seeking A Place In Your Living Room
Samsung Galaxy C5 and C7 Released In China
SSD Adoption in Notebooks To Increase This Year As TLC NAND Market Matures
Samsung To Launch SamsungPay Mini Online Payments App
Facebook Publishers To Show Ads To Everyone
Samsung and Warner Bros. Release The Samsung Galaxy S7 edge Injustice Edition
Acer At Computex 2016
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
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 Sees Flat Annual Growth Due To Recent Quake Damages
Sony Improves Commercial LED Display Concept With New CLEDIS Technology
Sony Joins Forces with Cogitai to Conduct Research and Development for Artificial Intelligence
Sony To Resume Wafer Processing Operations After Earthquake
Sony Releases New Home Audio Products
Sony Reports Loss But PlayStation Keeps Performing Well
Sony Confirms Manufacturing Operations Disruptions Following Kumamoto Earthquakes
Sony's Second Generation Optical Disc Archive System Is Faster And Goes Up to 3.3 TB
Kyushu Quakes Trouble Japan's Economy
Sony Develops Ghost-catching Device
Sony Wants To Bring Playstation Games In Mobiles Through New Company
Sony’s New Life Space UX Line Comes To The U.S.

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .