Whirlpool to buy Sanyo China unit

Business / Corporate 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 Co. ...