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United Kingdom

Sony Financial Holdings Inc (8729.T)

8729.T on Tokyo Stock Exchange

2,576JPY
19 Jul 2019
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¥2,576
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Wed, Apr 10 2019

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Breakingviews - Dan Loeb can help Sony handily sharpen its picture

HONG KONG (Reuters Breakingviews) - Dan Loeb's second appearance at Sony may be just what the Japanese conglomerate needs. The American activist’s return as an investor in the $60 billion PlayStation-maker provides a catalyst for management to split the company into a pure-play chips business and a more focused-entertainment group coveted by Apple, Amazon and Netflix – and with more resources to fight them.

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