Sony said it planned to buy the portion of its financial unit that it doesn’t own for about ¥400 billion ($3.7 billion), highlighting the electronics maker’s strategy of keeping a diverse portfolio of businesses
TOKYO—Sony Corp. said it planned to buy the portion of its financial unit that it doesn’t own for about ¥400 billion , highlighting the electronics maker’s strategy of keeping a diverse portfolio of businesses.
Though little known outside Japan, Sony Financial Holdings Inc. is a significant presence in Sony’s home country, offering life insurance, auto insurance and banking products such as foreign-currency accounts. The financial unit had an initial public offering in 2007, and Sony owns 65% of it.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sony to turn financial arm into wholly owned unit for $3.7 billion: NikkeiSony Corp will turn its financial arm, Sony Financial Holdings Inc , into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion), the Nikkei business daily reported on Tuesday.
Read more »
Sony Poised To Buy Finance Unit for $3.7 Billion (Report)Japanese electronics to entertainment giant Sony is expected to offer up to $3.7 billion (JPY400 billion) to take full control of its finance division. The move would shore up its profits. Sony pre…
Read more »
Rod Wave Signs Publishing Deal With Sony/ATVSinger, songwriter and rapper Rod Wave has been signed to a worldwide publishing deal by Sony/ATV, the publisher announced Monday.
Read more »
Sony not worried about Microsoft's next-gen Xbox: 'Wait for PS5 sales' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Sony to turn financial arm into wholly owned unit for $3.7 billion: NikkeiSony Corp will turn its financial arm, Sony Financial Holdings Inc , into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion), the Nikkei business daily reported on Tuesday.
Read more »
Sony Poised To Buy Finance Unit for $3.7 Billion (Report)Japanese electronics to entertainment giant Sony is expected to offer up to $3.7 billion (JPY400 billion) to take full control of its finance division. The move would shore up its profits. Sony pre…
Read more »