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Sony agrees to sell some battery businesses to Murata Manufacturing upon regulatory approval

( October 31, 2016, 06:38 GMT | Official Statement) -- MLex Summary: Sony signed an agreement to sell some of its battery operations to Murata Manufacturing for about 17.5 billion yen ($167 million). The transaction requires regulatory approval. USB batteries, alkaline batteries, button batteries and certain other products aren’t included in the deal. Murata will offer the approximately 8,500 workers of Sony’s battery operations employment after the purchase. The two companies made the announcement today in a joint statement. The statements are attached. ...

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