Sony Group Corp. is close to a binding agreement to sell a majority stake in its home entertainment business to TCL Electronics Holdings Ltd., in a deal potentially worth about $1 billion. Negotiations are advanced with an announcement possible this

2026-03-23

Sony Group Corp. is close to a binding agreement to sell a majority stake in its home entertainment business to TCL Electronics Holdings Ltd., in a deal potentially worth about $1 billion. Negotiations are advanced with an announcement possible this month, though no final decision has been made, and Sony said it will confirm once a definitive agreement is reached.