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Publisher Description

ENPNewswire-2 August 2010-Announcement of Agreements toward Panasonic's Acquisition of All Shares of Panasonic Electric Works and SANYO(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 29072010 - Osaka- Panasonic Corporation (NYSE: PC/TSE: 6752, 'Panasonic'), Panasonic Electric Works Co., Ltd. (TSE: 6991, 'PEW') and SANYO Electric Co., Ltd. (TSE: 6764, 'SANYO') announced that they resolved, at their respective Board of Directors meetings held today, to pursue a plan of Panasonic's acquisition of all shares of PEW and SANYO (the 'Subsidiaries') in order to make them wholly-owned subsidiaries of Panasonic (the 'Acquisitions') by around April 2011 by way of tender offers and, thereafter, share exchanges.

GENRE
Business & Personal Finance
RELEASED
2010
August 2
LANGUAGE
EN
English
LENGTH
15
Pages
PUBLISHER
Normans Media Ltd.
SIZE
81.9
KB

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