Tuesday, February 14, 2012

Sony Ericsson Divestiture Completed

Sony completed the buy-out of Ericsson's 50% stake in their joint venture, Sony Ericsson.


Ericsson's gain on the transaction will be approximately SEK 7.5 billion (approx. US$1.1 billion).
http://www.sony.com
http://www.ericsson.com

  • The Sony Ericsson joint venture was created in 2001.

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