Congratulations, Panasonic, you're now the adoptive father of two companies, Sanyo and Panasonic Electric Works. We know, the plan's been all but confirmed since July, but it's nice to see the deal go through and all the necessary paperwork signed. Both now-wholly-owned subsidiaries (through a share exchange that commenced today) are scheduled to be de-listed from the Tokyo Stock Exchange on March 29th, 2011, and after that... well, independence was fun while it lasted, eh chaps?
No comments:
Post a Comment