Mon, Mar 04, 2013 | 15:55 GMT
Sony liquidates more assets, drops DeNA shares
GI’s reporting that Sony will sell its share in Japanese online gaming firm DeNA for around $440 million.
Sony will sell its shares in DeNA, a Japanese online gaming firm, for around $440 million.
The company has released a statement confirming the deal, saying it will sell 17.72 million shares of DeNA stock to Nomura securities.
The move will bring much-needed cash into the struggling corporation, adding around ¥40.9 billion ($438 million/£291 million) to Q4 earnings.