TOKYO (Reuters) - Sony Corp said on Monday that it would sell all the shares it owns in Japanese online game provider DeNA Co Ltd to Nomura Securities.
Sony said in a statement that it expected to post a gain of 40.9 billion yen ($437 million), to be recorded as operating income in the fourth quarter of the fiscal year that ends this month.
Nomura Securities is a unit of Nomura Holdings Inc. ($1 = 93.4450 Japanese yen)
(Reporting by Tokyo Newsroom; Editing by Chris Gallagher)
'Incredible'! Obama admits lingering 'hangover' in jobs report (but guess who's to blame!)
Meanwhile, the F-35 is still a train wreck
Email Scandal Spin: No, Hillary, Powell and Rice Didn't 'Do It Too'
Mike Shedlock - Europe Fears Bail-Ins: Capital Flight Intensifies in Italy, France, Spain; Are German Banks Safe?
Heroin: Blame It On America | Human Events
Ruling In "Assault Weapons" Case Could Gut Gun Control Nationwide
Donald Trump Cancels All New Hampshire Events Today | RedState