Panasonic Corp. said Thursday that it will take majority control of Sanyo
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal that would forge one of the biggest electronics makers in the world.
Panasonic Corp said on Friday that it would sell its Sanyo digital and digital movie camera business to Japanese private equity fund Advantage Partners for an undisclosed sum.