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Panasonic Sanyo talks focus on share price

IT IS being reported that Panasonic's bid to acquire fellow air-conditioning manufacturer Sanyo could be completed by the end of the week, after share price discussions moved forward.
The parties are expecting to agree on a price range of around ¥150 to just under ¥200 per share, compared with the ¥120 Panasonic proposed earlier.

Market analysts, aware that Panasonic has £6.5bn in cash and cash equivalents available, feel that the company is keen to pursue its bid and make a deal by the end of the week.

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

Panasonic opens new UK head office with training centre

Panasonic has opened its new UK premises, dedicated to the HVACR+ market, which includes its largest UK training centre, kitted out with fully functioning units for hands-on experience....

  25-May-2022

Sanhua welcomes Neil Panting as the new Sales Manager for the UK, Ireland & Scandinavia.

Neil is responsible for the wholesaler segment, providing wholesalers with both sales and technical support.
  18-May-2022
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