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Topic : sanyo


Panasonic eyes a greener future with bid for Sanyo

December 22nd, 2008

By Tom Kessler
Green Right Now

In another sign that it intends to become a green business leader, Panasonic Corp. has announced a $9 billion offer to acquire a majority stake in Sanyo Electric Co., a top manufacturer of green technology products.

A combination of the two Japanese companies would result in product efficiencies and potential cost-savings as they merged their huge electronics and appliance businesses.

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