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Sony Financial Holdings Inc (8729.T)

8729.T on Tokyo Stock Exchange

2,597JPY
7 Aug 2020
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Tue, May 19 2020

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Sony to take full control of listed financial arm for $3.7 billion

TOKYO Sony Corp said on Tuesday it will turn its listed financial arm, Sony Financial Holdings Inc , into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion).

Sony to take full control of listed financial arm for $3.7 billion

TOKYO Sony Corp said on Tuesday it will turn its listed financial arm, Sony Financial Holdings Inc, into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion).

UPDATE 3-Sony to take full control of listed financial arm for $3.7 bln

* Offers Y2,600 per Sony Financial share, 26% over Monday's close

BRIEF-Sony Board Discussing Sony Financial Acquisition, Will Promptly Announce When Ready

* SONY: BOARD DISCUSSING SONY FINANCIAL ACQUISITION, WILL PROMPTLY ANNOUNCE WHEN READY Source text for Eikon: Further company coverage: [ ]

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