OSAKA (Kyodo) Electronics giant Panasonic Corp. will launch a tender offer for Sanyo Electric Co. this week because the acquisition is all but assured of clearing antitrust probes overseas, sources said Saturday.
Although the buyout plan is still being scrutinized by the U.S. government, approval by Washington is almost certain, the sources said, and China has already given conditional approval as well.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.