News: Sony Computer Entertainment sells its stake in Square Enix
Added: 16.04.2014 14:38 | 0 views | 0 comments
Approximately £28 million earned from the sale to SMBC Nikko Securities.
The share transfer to SMBC, a leading brokerage firm in Japan, should see Sony post additional profits of approximately $47 million (£28 million), though the final transfer value won't be officially announced until tomorrow.
Sony actually reports its fourth quarter and full year earnings on May 14, but this sale will be reflected in the current financial year.
No reason for the sale has been given.
Source: Siliconera
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Tags: Square, Enix, Square Enix, Soul
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