Article: SONY FINANCIAL SELLS SHARES TO SONY TO LIFT CAPITAL BY US$92 MLN.

TOKYO, June 29 Asia Pulse - Sony Financial Holdings Inc. announced Monday that it has issued 100,000 new common shares to sole stockowner Sony Corp. (TSE:6758) in order to boost its capital by 10 billion yen (US$92 million).

Sony Financial Holdings intends to use the proceeds to lift the capitalization and capital ratio of its unit Sony Bank.

The bank's ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!