In the news: Sony PlayStation moves in, China State Construction offers preferred stock and State Grid undergoes reform
May 29, 2014 | BY
clpstaff &clp articlesThis week Sony agreed to form JVs to sell PlayStation consoles in China, China State Construction's 300 million preferred shares offering marked the biggest offering by a non-bank and State Grid opened up two business sectors to non-state investors
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Sony forms JV to sell PlayStation in China
Sony agreed to form two ventures with Shanghai Oriental Pearl Group, a state-owned entity involved in hotels, cable TV, advertising and broadcasting