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2 November 2009

Panasonic's official offer for Sanyo expected this week

PANASONIC is to make an official offer for Sanyo this week when it receives final overseas clearance.
The EU anti-trust regulators gave the conditional go-ahead for the purchase last month and the US government now looks set to follow suit.

Japan's Kyodo news agency said Panasonic will call a board meeting on Wednesday to set the final timing of the offer.
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