In the news: Sony PlayStation moves in, China State Construction offers preferred stock and State Grid undergoes reform

This 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

4 minute readMay 29, 2014 at 11:49 AM

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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

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