Panasonic Comments on Media Reports about Possible Purchase of Its Stake in Sanyo Electric Co., Ltd.
OSAKA, Japan--(BUSINESS WIRE)--Panasonic Corporation (Panasonic)(NYSE:PC), best known for its Panasonic brand, commented on the current press reports in Japan about a possible purchase of its stake in Sanyo Co., Ltd.
This announcement was not made by Panasonic, and the company has not decided anything in regards to the purchase.
