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Sony Corp and Sony Global Solutions Inc. to transfer businesses to new sub-subsidiary


Thursday, 12 Dec 2013 01:00am EST 

Sony Corp:Says the company and its wholly owned subsidiary, Sony Global Solutions Inc. (SGS), will transfer part of their businesses to a new sub-subsidiary (ADS).Says domestic information system maintenance and enhance business operated by Sony and SGS will be transfered to ADS on Apr.1, 2014.Says ADS will be established on Apr. 1, 2014.Says the company and SGS will hold a 0.1 pct and a 99.9 pct stake in ADS respectively.Says SGS will transfer part of the stake in ADS after the establishment, to Accenture HOldings B.V., to make ADS a joint venture between SGS and Accenture Holdings B.V. 

Company Quote

16.79
0.02 +0.12%
9 Jul 2014