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Panasonic buying Sanyo and other unit for $9.4 billion

Japan's Panasonic Corp (6752.T) said it would buy out subsidiaries Sanyo Electric (6764.T) and Panasonic Electric Works (6991.T) for up to $9.4 billion in cash and shares to accelerate its push into greener businesses.


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This entry was posted on Thursday, July 29th, 2010 at 6:44 am and is filed under Digital Cameras.

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