Sunday, April 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sharp Improves LCD Viewing Angle With New Optical Film
Ex-Apple CEO To Sell Mobiles In India
HTC Hired Ex-Samsung Marketing Officer
Xbox One Wolrdwide Sales Cross 5 million
Samsung Works With GLOBALFOUNDRIES On 14 nm FinFET Offering
Facebook To Find Nearby Friends
Console Sales Lift AMD's First Quarter Results
LG Expands 'Second Screen' TV Ecosystem With Open-Source SDK
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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 Offers New BRAVIA 4K TV Line-Up, Media Player and Content Options
Sony Warns of Battery Issue in Vaio Laptops
Sony Releases New 2TB Hard Disk
Sony's New α7S Full-Frame Camera Outputs 4K Video
Sony To Cover 2014 FIFA World Cup In 4K
Sony Introduces 9.1ch digital Surround Wireless Headphones
New Sound Bars, TV Sound System And Full-HD 3D Projector by Sony
Sony's High-Resolution Audio Line-up Coming To Europe
Sony Releases New Digital Paper
Sony To Sell Building and Premises In Japan
Android KitKat Update Coming On Sony Xperia Z Ultra, Xperia Z1 and Xperia Z1 Compact Smartphones
Sony Introduces "Project Morpheus" Virtual Reality Headset For PS4

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .