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4 March 2013 - 08:02 AMT

Sony to sell its DeNA shares to Nomura Securities

Sony Corp said on Monday, March 4, 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, Reuters reported.