Panasonic to buy 70.5% stake in Sanyo from 3 shareholders

Panasonic to buy 70.5% stake in Sanyo from 3 shareholders

OSAKA, Japan - Panasonic Corp. President Fumio Ohtsubo (L) and Sanyo Electric Co. President Siichiro Sano give a news conference in Osaka on Dec. 19 at which they announced that Panasonic will launch a tender offer to acquire a stake of around 70.5 percent in Sanyo from three major shareholders for 131 yen per share. (Kyodo)

  • Product Code
  • ILEA000040799
  • Registered date
  • 2008/12/19 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
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