Under the deal, Panasonic will purchase 70 percent of Sanyo for $1.48 a share, higher than previous offers. The company is being sold by Goldman Sachs Group Inc., Sumitomo Mitsui Banking Corp. and Daiwa Securities SMBC Co.
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Under the deal, Panasonic will purchase 70 percent of Sanyo for $1.48 a share, higher than previous offers. The company is being sold by Goldman Sachs Group Inc., Sumitomo Mitsui Banking Corp. and Daiwa Securities SMBC Co.
