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Sony to Buy Seiko Epson’s Chinese LCD Unit for 775 Million Yuan

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Feb. 2 (Bloomberg) -- Sony Corp. agreed to acquire Seiko Epson Corp.’s Chinese liquid-crystal-display subsidiary for 775 million yuan ($118 million). The transaction will be completed in the first half of the year ending March 31, 2012, according to statements today on the Japanese companies’ websites.

Link to Company News:{6724 JP <Equity> CN <GO>} Link to Company News:{6758 JP <Equity> CN <GO>}

To contact the editor responsible for this story: Kyung Bok Cho at kcho7@bloomberg.net

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