Panasonic buys Sanyo in $4.6 billion deal

ACR-News

Add my company

Know what you want? Try our 'Supplier Directory'

All

Panasonic buys Sanyo in $4.6 billion deal

JAPANESE electronics giant Panasonic Corp. has announced that it has acquired a 50.19% controlling stake in Sanyo, in a deal worth $4.6 billion USD (403.8 billion yen).
Panasonic is expected to make Sanyo into a subsidiary on December 16, which will make it Japan's second-largest electronics company after Sony.

Panasonic’s tender offer for Sanyo, made last month, offered to pay 131 yen per share in the company.

Printable View E-mail Bookmark

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

01-Apr-2021

Get a grip on food prep with the new Onyx from Williams

Williams has launched the latest versions of its Onyx prep stations, with a sleek new look complementing the innovative features under the hood that deliver energy efficient performance and ensure food safety....

16-Apr-2024

Latest supplier news

Extending the application range of the SEC HD - Electric Expansion Valve Controller Heavy Duty Series

The SEC-HD is now compatible with variety of applications using CO2, hydrocarbon, and HFC refrigerants. Users can select from a range of pressure transducers tailored to their specific application and market requirements.

20-Feb-2024

Subscribe to ACR News

ACR News is the number one magazine in the air conditioning and refrigeration industry. Don’t miss out, subscribe today!