As early as last year, Panasonic announced that it would merge with the Sanyo DB-L20 battery , and the associated acquisition program has been designed. However, mergers and acquisitions is extensive and involves 11 countries, therefore, Japan, the European Union, the United States and China anti-monopoly body to review mergers and acquisitions became the biggest obstacle to date. Just the previous week, Panasonic has just received conditional approval of the Ministry of Commerce.
PanasonicPanasonic CGA-DU21 transactions on the Sanyo Electric reached 4.45 billion U.S. dollars, through the national approval,it is expected to be completed by early December all the transactions during the year ,and Sanyo will become a Matsushita subsidiary of Sanyo.
Two giants have extraordinary skill in the Dell precision m series battery area, the merger may threat to rechargeable button cell battery market in Europe, the European Commission requested the merged firm must divest battery manufacturing operations in Europe. Panasonic Sanyo Chinese Ministry of Commerce request Sanyo to divest all of the coins in the current lithium secondary battery business after the merger within 6 months, . In addition, the Panasonic are required to sell their production hybrid electric vehicle nickel metal hydride Kodak klic-8000 battery plant, the production of a model factory in Suzhou Sanyo batteries also need to be sold through OEM and so on.
Appliance market research firm in the era of President Lee Ki-cheung Yikang buy Sanyo,it has little impact on China's home appliance market( such as Kodak KLIC-8000). Sanyo shift from CRT to flat-panel TVs slowest, it has influence on color TV no longer. Even washing machines are relatively influential business, accounting has no weight.
Academy of Social Sciences Institute director Bai Yimin Matsushita Japan's economy is a typical Japanese acquisition of Sanyo's salvation(Panasonic announced that it would merge with theSanyo DB-L40battery) , the Japanese consortium will not easily give up their member companies.
Kai Luo, senior director of consulting Paller the acquisitions of Sanyo home appliances business may be further weakened, instead focus on lithium batteries, compressors and other core business, but based on new Panasonic original basis , the right to speak of the new enterprises will increase substantially in the global Li-ion Panasonic cga-du21 battery business and home appliances core parts .
"Competitiveness" Panasonic would merge with Sanyo ,which is not only self-help of Japanese companies, are also preparing a new round of attack. Sanyo not only help shore Panasonic home appliances, but also help the field of Panasonic Dell inspiron 3500 d300gt battery grip into a fist, while the latter's market prospects unlimited.
Article via:batterytalk
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