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Market Chatter: Sony Planning $1.3 Billion Bid for Japan's Infocom
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Market Chatter: Sony Planning $1.3 Billion Bid for Japan's Infocom
May 9, 2024 5:00 AM

07:37 AM EDT, 05/09/2024 (MT Newswires) -- Sony Group ( SONY ) is readying a bid against KKR (KKR) and Blackstone (BX) to acquire Japanese e-comics provider Infocom in a deal thought to be valued at about 200 billion Japanese yen ($1.3 billion), Bloomberg reported Thursday, citing people familiar with the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 76.87, Change: -1.48, Percent Change: -1.89

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