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Japanese tech M&A overdue, who will deal? (from Corporate Dealmaker)

The overcrowded Japanese electronics market has seen tens of thousands of layoffs as firms try to cope with the recession. Panasonic Corp. is trying to kick off the M&A wave by buying Sanyo Electric Co. But that takeover has stalled as the firms announced a combined 16,200 job cuts.Still, a...

Posted on February 20, 2009 3:51 PM

Still stymied, Panasonic's Sanyo bid could set tone for electronics M&A (from Corporate Dealmaker)

Panasonic Corp. is meeting resistance to its bid to kick off consolidation in the overcrowded Japanese electronics market by buying Sanyo Electric Co. Standing in Panasonic's way are the traders at Goldman Sachs Group Inc., owners of a 29% stake in Sanyo. Goldman has rejected a second offer from Panasonic...

Posted on December 4, 2008 9:51 AM