Panasonic’s Sanyo and PEW buyout official: subsidiaries for life

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Congratulations, Panasonic , you’re now the adoptive father of two companies, Sanyo and Panasonic Electric Works. We know, the plan’s been all but confirmed since July , but it’s nice to see the deal go through and all the necessary paperwork signed. Both now-wholly-owned subsidiaries (through a share exchange that commenced today) are scheduled to be de-listed from the Tokyo Stock Exchange on March 29th, 2011, and after that… well, independence was fun while it lasted, eh chaps? Panasonic’s Sanyo and PEW buyout official: subsidiaries for life originally appeared on Engadget on Wed, 22 Dec 2010 10:28:00 EDT. Please see our terms for use of feeds . Permalink

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