Panasonic Corp (6752.T)
Fri, Apr 21 2017
TOKYO Japanese electronics conglomerate Panasonic Corp has raised its offer to buy out subsidiary PanaHome Corp , in an effort to satisfy the housebuilder's shareholders, who were unhappy with the original bid.
TOKYO, April 21 Japanese electronics maker Panasonic Corp said on Friday it has decided to make an all-cash offer to buy the rest of PanaHome Corp worth 92.4 billion yen ($846.9 million), cancelling an earlier stock-swap agreement.
* Says it will no longer do share swap with its unit PanaHome
* Says it plans to dissolve and liquidate its wholly owned unit MTPD, which is mainly engaged in provision of cathode-ray tube related technology service
TOKYO Japan's Panasonic Corp on Tuesday said it has agreed to become majority owner of Spanish auto parts maker Ficosa International SA [FICOS.UL] as it bolsters its push into the automotive field.
TOKYO, March 21 Japan's Panasonic Corp on Tuesday said it has agreed to become majority owner of Spanish auto parts maker Ficosa International SA as it bolsters its push into the automotive field.
* Panasonic will set up in Zhejiang province a company overseeing its Chinese home appliances operations - Nikkei
* Ericsson says Ericsson and Panasonic will join forces to bring Panasonic lithium ion batteries to Ericsson's energy-as-a-service solution, reducing total cost of ownership by 20% Source text for Eikon: Further company coverage: (Reporting By Johan Ahlander)
(The following statement was released by the rating agency) SEOUL/HONG KONG, February 15 (Fitch) Fitch Ratings has affirmed Panasonic Corporation's (Panasonic) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and senior unsecured rating at 'BBB'. Its Short-Term Foreign- and Local-Currency IDRs have also been affirmed at 'F2'. The Outlook on the Long-Term IDRs is Stable. KEY RATING DRIVERS Diversified Business Portfolio: Panasonic's credit profile benefits from its extensi
* Panasonic has started manufacturing air conditioners in Thailand and will build more in Malaysia; new line can turn out 500,000 units annually - Nikkei