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LM Ericsson AB will sell its 50 percent stake in mobile phone maker Sony Ericsson to Sony Corp. for euro1.05 billion ($1.46 billion) in cash, the Swedish wireless equipment firm said yesterday.
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OHMAN FONDKOMMISSION

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abtest

Ericsson divests in mobile phone joint venture with Sony

October 28, 2011 - 12:00am

LM Ericsson AB will sell its 50 percent stake in mobile phone maker Sony Ericsson to Sony Corp. for euro1.05 billion ($1.46 billion) in cash, the Swedish wireless equipment firm said yesterday.

Business