VIEW EVENT INFORMATION: Sony
Sony Invests $642 Million In Olympus, Becomes Largest Shareholder
SEP
25
Status: Available Now!
Type: News
Date: Tuesday 25 September 2012, 07:34 AM
Media: Techcrunch

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About the organization Sony:
Type: Business
Sub-Types: Computer, Computer Hardware, Electronics, Electronics Hardware, Telecommunication, Telecommunication Hardware
Notable Organizations: Sony, Techcrunch
Sony is expected to approve a plan to invest around $642 million (50 billion yen) in Olympus. As the Japanese manufacturer of cameras, optics and reprography products is currently facing a trial for having hidden investment losses for the past 20 years, it has been looking for a potential investor for months. By injecting that capital investment, Sony will become the largest shareholder.
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