Slaughter and May and Cleary Gottlieb Steen & Hamilton have taken lead roles on Sony's £920m acquisition of Ericsson's stake in mobile phone joint venture Sony Ericsson. The deal, which has seen Sony buy Ericsson's entire 50% stake in the joint venture, will allow the Japanese company to ramp up its smartphone efforts as it positions itself to compete with Apple and Samsung in the market.
October 28, 2011 at 06:25 AM
1 minute read
The original version of this story was published on Legalweek
Slaughter and May and Cleary Gottlieb Steen & Hamilton have taken lead roles on Sony’s £920m acquisition of Ericsson’s stake in mobile phone joint venture Sony Ericsson.
The deal, which has seen Sony buy Ericsson’s entire 50% stake in the joint venture, will allow the Japanese company to ramp up its smartphone efforts as it positions itself to compete with Apple and Samsung in the market.
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