Panasonic to turn Sanyo Electric into subsidiary

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo (L) and Sanyo Electric Co. President Seiichiro Sano (R) shake hands during a joint press conference in Osaka on Nov. 7. The two companies said they will begin talks on forming a capital and business alliance with the aim of turning Sanyo Electric into a Panasonic subsidiary.

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ILEA001130586

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2008/11/07 00:00:00

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Kyodo / Kyodo News Images

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2008 Kyodo News

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