Jan 20 (Reuters) - TCL Electronics Holdings Ltd 1070.HK:
SONY GROUP CORP: SONY CORPORATION ANNOUNCES SIGNING OF MOU WITH TCL ELECTRONICS HOLDINGS LIMITED FOR STRATEGIC PARTNERSHIP IN HOME ENTERTAINMENT FIELD
SONY GROUP CORP: THE TWO COMPANIES PLAN TO SET UP A JOINT VENTURE THAT WILL ASSUME SONYʼS HOME ENTERTAINMENT BUSINESS, WITH TCL HOLDING 51% AND SONY HOLDING 49% OF ITS SHARES
SONY GROUP CORP: SONY AND TCL WILL PROCEED WITH DISCUSSIONS TOWARD EXECUTING DEFINITIVE BINDING AGREEMENTS BY THE END OF MARCH 2026
SONY GROUP CORP: THE NEW COMPANY IS EXPECTED TO COMMENCE ITS OPERATIONS IN APRIL 2027
Source text: ID:nTSmt82e57
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(Reporting by Tokyo Newsroom)
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