Whirlpool to buy Sanyo China unit

Aug 14, 2013

Whirlpool to buy Sanyo China unit

Sanyo Electric Co. has reached a deal to sell its stake in a joint venture in China to U.S. home appliance maker Whirlpool Corp. for around ¥22 billion, Sanyo officials said. With the sale of its 29.51 percent stake in Hefei Rongshida Sanyo Electric ...

Jul 19, 2013

Panasonic, Sanyo fined $57 million for price-fixing

Panasonic and subsidiary Sanyo have each pleaded guilty to fixing prices for auto parts and battery cells in the United States and will pay $56.5 million in fines, the U.S. Justice Department said Thursday. A third company, South Korea’s LG Chem Ltd., also pleaded ...