Sony Agrees On Sale Of Chemical Products Business, Counts For $730 Million Price Tag

Posted on Jun 28 2012 - 7:43am by Editorial Staff

Sony along with Development Bank of Japan today announced that they have entered into definitive agreements regarding Sony’s sale of DBJ chemical products business, which was operated by Sony including Sony Chemical & Information Device Corporation, a wholly-owned subsidiary of Sony for 58 billion yen (about $730 million).

This is the latest move from the company in terms of restructuring, even yesterday only we reported that company’s CEO Hirai found defending as chairman of the board and promising that his turnaround revival plan and strategy will help out the troubled consumer electronic company in front of record 9,303 shareholders gathered to hear Hirai during the annual meeting.

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