There were some hiccups along the way but now the deal between Panaosonic and Sanyo (announced on November 3) seems to be perfect. Goldman Sachs and Sanyo’s other major shareholders have agreed to sell their shares to Panasonic, Japanese media are reporting today. Panasonic will acquire a 70% stake in Sanyo for $1.50 a share in February, resulting in a $6.4 billion deal, the largest of its kind… → Read More
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