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Sony to Acquire 2.5 Pct Stake in Bandai Namco

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Tokyo, July 25 (Jiji Press)–Japanese technology conglomerate Sony Group Corp. has struck an alliance deal with Bandai Namco Holdings Inc. to acquire a 2.5 pct stake in Bandai Namco to capitalize on anime and manga assets held by the game and toy group. Under the deal, announced Thursday, Sony Group will purchase 16 million outstanding Bandai Namco shares from existing owners for some 68 bill…

Sony to Acquire 2.5 Pct Stake in Bandai Namco

Tokyo, July 25 (Jiji Press)–Japanese technology conglomerate Sony Group Corp. has struck an alliance deal with Bandai Namco Holdings Inc. to acquire a 2.5 pct stake in Bandai Namco to capitalize on anime and manga assets held by the game and toy group. Under the deal, announced Thursday, Sony Group will purchase 16 million outstanding Bandai Namco shares from existing owners for some 68 bill…

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