Panasonic began to acquire Sanyo target point to the first in the world

In Japan and the United States and Europe and the Chinese Government's conditional approval, Japan Electronics giant Panasonic company through TOB (open stock acquisition) on battery giant Sanyo Corporation merger activity 5 day officially started. Due to the acquisition of determined will succeed, Panasonic has set the target point to the first in the world.

Panasonic company gives the LDC is 131 yen per share, far less than 4 days of the closing price on 216 yen, it is expected that the common shareholders will not be encouraging the transfer of the Sanyo in the hands of the company. However, Panasonic as early as December announced the merger of Sanyo, Sanyo has been with the three largest shareholders — United States Goldman Sachs Group, Japan large and securities and Mitsui Sumitomo Bank share transfer agreement has been reached. But the three largest shareholders of aggregate share has reached 50.13%, so the merger will be successful in fact is becoming militarily involved in the matter.

Panasonic President large recognises hope to Panasonic white goods and energy-saving advantages, and integration of solar cells, fuel cells, batteries, and other technology and market leader for Panasonic will strive in its pioneering years (2018), turned into an integrated energy companies and the world of the motor manufacturer.

Panasonic and Sanyo in energy, electronics, components, digital, business, white goods, and other areas have strong complementarity, in particular in solar power, Sanyo has the technical superiority, but Panasonic has a global sales network. As a result of the merger of the two giants could in some market formed the monopolistic advantages, threatening the market competition, the original plan was completed in March of this year's merger had to wait patiently for the day, the United States, Europe and China, and other major markets.

This market takeovers will continue until 7 December. Upon completion of the merger, Sanyo will continue to follow the previous brand, listed on the stock will also continue.