Matsushita and Sanyo are not united
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Matsushita Electric Industrial and Sanyo Electric refuted rumors of a possible merger. Officially, no movements in this direction has not been done. Representatives of companies have not even got to the negotiating table.
Recall that information about merging the two largest producers in the near future distributed Japanese newspaper Yomiuri. According to journalists, shareholders of Sanyo, has influx of problems (on large-scale reductions before the earthquake destroyed the factory for the production of microchips), and believe it to survive the hard times will be easier in alliance with a powerful partner. Panasonic could buy securities Sanyo (nearly 66.97%) of the three major investment firms (Goldman, Sumitomo, Daiwa), hoping to combine the case in the future.
Meanwhile, Sanyo gradually shows signs of financial recovery, concentrating its efforts on solar batteries and rechargeable power supplies.
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