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© Copyright 2008/9 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.Panasonic to buy Sanyo in Y800 billion deal
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Mark_McCracken
If I calculated correctly, Panasonic is paying 27.8 times (March, 2008) earnings, or 2.5 times annual sales for Sanyo. Sanyo gets 63% of its sales from outside Japan.
Raja Kumar
Panasonic and Sanyo unite,that is better than to compete with each other in slowdown times, good for Sanyo/Panasonic . Both companies need to maintain exports and weather slowdown conditions together.
More companies should follow Sanyo and Panasonic way of uniting,which is better than competing in slowdown periods.