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1st July 2015, 08:03 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,618
| Sony to invest $4 billion getting sensitive Sony thinks it might be able to invest its way out of trouble by investing $4 billion from new shares and bonds into image sensors. The move is seen as Sony attempting to re-invent itself out of the consumer goods market which TVs that dragged it into losses. It is the first new share issue in 26 years, and will raise $2.62 billion from a public stock offering. It will raise the rest from a bond issue to fund a boost in sensor output capacity at its plants in Japan. The deal is worth close to a tenth of its current market value, and provides the clearest signal yet that Chief Executive Kazuo Hirai is prioritising the sensor business to anchor Sony’s turnaround. http://www.techeye.net/business/sony...ting-sensitive |
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