Panasonic And Sanyo Set To Merge In OZ As Pana Take 100 Per Cent

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Panasonic is planning to take 100 per cent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works for an outlay of around $10.5 Billion; the move could result in the two companies merging their operations in Australia, said Bill Crichton Vice President of Sanyo Asia Pacific.

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