Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
twiter
New to Comunitee?


or Sign Up with Email

Business

>> SONY Latest News

FEB 06, 2013 - Yahoo! News

A Must Read - Share

Panasonic sells buildings to raise about $100 million: sources

TOKYO (Reuters) - Japan's Panasonic Corp has sold two of its office buildings in central Tokyo to raise around $100 million as the company tries to improve its balance sheet by selling non-core assets, sources with direct knowledge of the transactions have told Reuters. The sale is part of efforts by Panasonic to raise 130 billion yen from asset sales in a bid to underpin cash flow. Rival Sony Corp is in the process of selling one of its main buildings in central Tokyo in a deal that could raise up to 100 billion yen. ...

Tags: Panasonic sells buildings to raise about $100 million: sources,  Sony Latest News