Sony Corporation To Sell Olympus Corporation Shares To JP Morgan
Yes it’s true that Sony Corp is in a contract to sell their shares of Olympus to JP Morgan Security Co, Japan. Out of their 34,487,900 shares, 17,243,950 shares will be sold to JPMorgan. This contract was signed to fulfil two purposes; First to make their financial resources better and secondly to increase their sales.
With this contract Sony aims to increase their sale by 48.8 billion by the end of March 2016. There is no further detail about the contract. To know more about this contact please follow the Source below.