TOKYO — Sega Sammy is selling its resort complex Seagaia to Fortress Investment Group of the U.S., the Japanese entertainment company said Friday.
Also Friday, Sega Sammy reported its profit fell in the fiscal year that ended in March, to 33 billion yen , from 45.9 billion yen the year before. Its sales rose 20% to 467.8 billion yen . The company is banking on its Sonic licensing revenue through games and movies, a sector that has grown 10-fold in the last five years.
Fortress is majority owned by Japanese telecoms and technology company SoftBank Group Corp., though the Abu Dhabi investment fund Mubadala announced in May 2023 that it would buy a majority stake in Fortress Investment from SoftBank. The deal has yet to be finalized due to regulatory requirements.These Canadian stocks could help TFSA investors generate solid tax-free capital gains and dividends. The post TFSA: 4 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
Warren Buffett teased a potential Canada bet, predicted Berkshire would surpass $200 billion in cash this quarter, and shrugged off dollar worries.CALGARY — Suncor Energy Inc. says it is leasing and operating a number of Aframax oil tanker ships to carry crude from the recently completed Trans Mountain pipeline expansion to Pacific markets.