Bike Europe - News: Acquisition Leads to Mega e-Bike Component Maker - 0 views
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Jack Olmsted on 25 Dec 08TOKYO, Japan - Last weekend electronics giant Panasonic Corp. announced the acquisition of one its larger Japanese counterparts, Sanyo Electric Co. Panasonic has gained a 70.5% stake in Sanyo, paying 800 billion Yen ( 6.4 billion). The main reason for this take over is Sanyos know-how in