Friday, October 20, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Capital Announces $60 million of New Investments in Data-Focused Startups
Google Offers Bug Bounty for Mobile Apps
Nintendo Switch Update Brings Video Capture and More
Intel Health Application Platform Helps Health Care Providers Reduce Hospital Readmissions
Razer Electra V2 Gaming Headsets Bring Virtual Surround Sound and Aluminum Headband to Everyone
Alphabet Invests $1 Billion to Lyft
Microsoft TruePlay Anti-cheat Game Feature to be Added to UWP Games
Apple Cut iPhone 8 Production by 50 percent: report
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
John Kodera Promoted to President and CEO at Sony Interactive Entertainment
New Sony Cyber-shot RX100 IV Supports Phase-detect AF and 24 fps Bursts
Sony Unveils New Smartphones, Audio and Imaging Products at IFA 2017
New Sony Magnetic Tape Storage Technology Supports High-Capacity 330 TB Recording
Image Sensors and Music Lead Sony's Growth
Sony Entertainment to Start Vinyl Record Production
Sony Xperia XZ Premium Flagship And Xperia Touch Projector will Cost You a Fortune
Sony Chief Promises Return to Profitability
Sony Returns to the OLED TV Market With New Models
Image Sensors, Batteries And Playstation Boosts Sony's Profit
Sony Launches The a9 24MP 20fps Full-frame Sports Camera
Sony Commercializes High-Sensitivity CMOS Image Sensor for Automotive Cameras

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .