Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now


EU Commission Conditions Panasonic’s Sanyo Acquisition

Brussels, Belgium
– The European Union antitrust regulators granted Panasonic conditional approval Tuesday on
its bid to acquire smaller Sanyo

The European
Commission conditioned its approval for the acquisition on Panasonic divesting
certain battery production facilities in markets identified as having
competition concerns.

Panasonic is still
seeking approval from other anti-monopoly regulators.