Like all good romances, the relationship looked precarious at times. But it now looks certain that Panasonic will acquire Sanyo, following stakeholder Goldman Sachs acceptance of Panasonic's latest share offer.
Initially, the financial giant, one of three main shareholders in Sanyo, baulked at Panasonic's 120 yen per share offer, claiming it was too low.
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answers4pc
December 23rd 2008
1. Guessing the credit crunch strikes again and i thought Sanyo were safe showing no company even the big companies are not safe during the beginning of the recession. We have yet to see the worst I believe
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