Panasonic and Sanyo in alliance talks - International Security Buyers Guide

Panasonic and SANYO Agree to Start Discussions for Capital and Business Alliance

Panasonic Corporation and SANYO Electric Co., upon
the resolutions of the meetings of their respective
Boards of Directors held today on November 7, 2008,
agreed to start discussions for capital and business
alliance between Panasonic and SANYO.

Panasonic and SANYO will start discussions, with the
aim of maximizing both companies’ corporate values
by pursuing synergies between both companies and
further strengthening initiatives to achieve potential
revenue and profit growth through this alliance.

Click here for more information

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