Sony expands plan to purchase new Aiwa shares

Article Abstract:

Sony Corp. will acquire new shares in Aiwa Co. as questions were raised over the former's long-term plans for the latter. The new shares are worth 7.5 billion yen (70 million euros).

Asset sales & divestitures, Consumer Electronics, Audio and Video Equipment Manufacturing, Audio Tape Recorders & Players, Audio equipment industry, Tape recorders, Aiwa Company Ltd.

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Sony and Bertelsmann to defend deal to EU: Europe says merging units would worsen existence of music's de facto cartel

Article Abstract:

Sony Corp. and Bertelsmann AG officials will attempt to convince the European Union that a merger will help reduce costs in the face of intensive illegal pirating in the global recorded-music industry. EU officials, however, believe a merger would decrease competition, which is already low.

Strategy & planning, Germany, PRINTING AND PUBLISHING, Publishing, Publishing Industries, Printing & Publishing, Publishing industry, Planning, Bertelsmann AG, Company business planning

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Sony to sell retail stake to Nikko

Article Abstract:

Sony Corp. of Japan is restructuring, planning on creating a holding company for its retail unit and selling a 51 percent stake to Nikko Principal Investments Japan Ltd. also of Japan. Sony Corp. is focusing management strategy on its core consumer electronics operations.

Organizational history, Venture Capital Companies, Miscellaneous Intermediation, Investors, not elsewhere classified, Company restructuring/company reorganization, Reorganization and restructuring, Company Profile, Company organization, Nikko Principal Investments Japan Ltd.

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