Nigerian Times

27 Oct 2011 08:13 Africa/Lagos Sony to Acquire Ericsson's Share of Sony Ericsson LONDON, October 27, 2011/PRNewswire/ -- - Sony Ericsson to become a wholly-owned subsidiary of Sony and integrated into Sony's broad platform of network-connected consumer electronics products - The transaction also provides Sony with a broad IP cross-licensing agreement and ownership of five essential patent families - Ericsson to receive EUR 1.05 billion cash payment - Sony and Ericsson to create wireless connectivity initiative to drive connectivity across multiple platforms Sony Corporation ("Sony") and Telefonaktiebolaget LM Ericsson ("Ericsson") today announced that Sony will acquire Ericsson's 50 percent stake in Sony Ericsson Mobile Communications AB ("Sony Ericsson"), making the mobile handset business a wholly-owned subsidiary of Sony. The transaction gives Sony an opportunity to rapidly integrate smartphones in...

17 Apr 2008 08:18 Africa/Lagos Thomson Completes Acquisition of Reuters; Thomson Reuters Shares Begin Trading Today World's Leading Source of Intelligent Information for Businesses and Professionals US$500 Million Share Repurchase Program Announced NEW YORK, April 17 /PRNewswire-FirstCall/ -- The Thomson Corporation today announced that it has completed its acquisition of Reuters Group PLC, forming Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL: Nasdaq: TRIN), the world's leading source of intelligent information for businesses and professionals in the financial, legal, tax and accounting, scientific, healthcare, and media markets. Thomson Reuters has more than 50,000 employees with operations in 93 countries on six continents and 2007 pro forma revenues of approximately US$12.4 billion. (Logo: http://www.newscom.com/cgi-bin/prnh/20020227/NYW014LOGO ) Effective today, Thomson Reuters shares will begin trading on exchanges in Toronto, New York and London and are eligible...