1. Sony Poised To Buy Finance Unit for $3.7 Billion

    Sony Poised To Buy Finance Unit for $3.7 Billion

    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 president and chief executive Kenichiro Yoshida is scheduled to make an hour-long presentation on group strategy on Tuesday afternoon local time. The Nikkei newspaper said that the move to take private the finance division would be announced then...

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