TOKYO -- Sony has wrapped up its full buyout of listed subsidiary Sony Financial Holdings, the Japanese tech group said Tuesday, spending 400 billion yen ($3.73 billion) to gain the leverage for enacting swift reforms in the unit.
Company's face-to-face insurance marketing efforts stymied by coronavirus
Complete control of the financial firm will make it easier for Sony to make deals. © Reuters
TOKYO -- Sony has wrapped up its full buyout of listed subsidiary Sony Financial Holdings, the Japanese tech group said Tuesday, spending 400 billion yen ($3.73 billion) to gain the leverage for enacting swift reforms in the unit.