Sources: Sony is nearing a binding agreement to sell a 51% stake in its home entertainment business to Chinese rival TCL for ~$1B as soon as this month (Bloomberg)

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Bloomberg:Sources: Sony is nearing a binding agreement to sell a 51% stake in its home entertainment business to Chinese rival TCL for ~$1B as soon as this month  —  Sony Group Corp. is nearing a binding agreement to sell a majority stake in its home entertainment business to Chinese rival TCL Electronics Holdings Ltd …