Panasonic has agreed to buy Sanyo for ¥800 billion (S$13 billion) via a public tender offer. The main focus of the deal, Panasonic said, is the combination of the solar and lithium-ion battery businesses of the two companies, as well as a strengthened financial and business position. :think:
Sanyo was started by the brother-in-law of the current Panasonic's chairman.
Sanyo was started by the brother-in-law of the current Panasonic's chairman.