The acquisition of a 50.2 percent stake in Sanyo will provide Panasonic with Sanyo technologies including solar panels and rechargeable batteries. Lance Whitney is a freelance technology writer and ...
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers in the world with an edge in green technologies.
TOKYO -- Panasonic Corp. struck a deal with Sanyo Electric Co.'s three major shareholders to buy its smaller Japanese electronics rival, people familiar with the matter said Thursday, paving the way ...