Back into the battery giant Panasonic Sanyo

Back into the battery giant Panasonic Sanyo

¥ 403,800,000,000 won more than half of the absolute controlling stake in Japan's Sanyo to respond to canon DM-MV30 battery transaction will not affect the enterprises in China

WASHINGTON (Wang Jin-Yu Yin Lam's) dowry ¥ 403,800,000,000! Japan's Panasonic Sanyo finally within his grasp.

Yesterday Panasonic's announcement that it has acquired the world's largest rechargeable battery maker Sanyo Electric Co. 50.19% stake in the holding company completed. The two sides transaction was completed within this month. But the reporters found that completion of the transaction, the Sanyo brand continues to operate independently, and Matsushita, or its competitors.

Panasonic Sanyo Electric to obtain a controlling interest in the widely expected, because the Sanyo's three major shareholder Goldman Sachs, Daiwa Securities and canon NB-2L battery Sumitomo Mitsui Banking Corporation have agreed to hold part of the shares sold at a premium to ensure that they will get more than half of Matsushita rights.

Panasonic accordance with the purchase price of ¥ 131 per share of common stock, while the three major shareholders, to buy preferred stock in 2006, the price is only 700 yen, each preferred stock convertible into 10 ordinary shares. Accordance with the ordinary shares converted, the three financial institutions, approximately 70% of Sanyo shares.

It is understood that Sanyo's hybrid vehicle batteries to customers including Honda, canon NB-2LH battery Ford and PSA Peugeot Citroen and so on, while the Panasonic Toyota also set up development and production of hybrid and electric vehicle battery joint venture. Therefore, the new company will be able to offer a wide range of oil for alternative energy production and energy storage products.

Despite the anti-monopoly regulatory agencies to meet the requirements of stripped part of the business, "Japan's Sankei Shimbun," commented that the two companies formally merged, the size of annual revenues will reach 9 trillion ¥ 53,300,000,000 (about 730 billion yuan) , is expected to become dominant hybrid batteries.

Yesterday, the stock hit Sanyo largest single-day rise in six months, canon ZR-CV battery Matsushita shares fell 1.9%.

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The acquisition will not affect the Hefei Sanyo

Sanyo of Japan in China, canon CV-11 battery the best performance of the enterprise, Hefei Sanyo has increased by more than 70% for two consecutive years. Between the two appliance giants in Japan's upcoming merger and reorganization, its future destiny here?

Japan's Sanyo Electric person in charge of overseas PR China Ting-morning interview with reporters, said the cooperation between Sanyo and Panasonic is a powerful combination, both have their own advantages and strengths. Panasonic and Sanyo in the agreement reached, but also to maintain their own brand of independence and the franchise agreement, therefore, canon BP-608 battery the parent company of the merger on the independence of Hefei Sanyo brand will not be affected.

In recent years, Hefei Sanyo Sanyo want to undertake other home appliances business, to achieve all-round cooperation with Japan's Sanyo rumors have continued, but Ting said there had not yet received the highest in the company's instructions.