Haier to buy Sanyo Electric: Report
By John Macdougall | China Daily | Updated: 2011-07-29 08:01
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Haier Group Corp will be allowed to use Sanyo Electric Co Ltd's brand in the region for a certain period, the Nikkei Business Daily reported. An Xin / for China Daily |
TOKYO - The Japanese electronics giant Panasonic Corp plans to sell its subsidiary Sanyo Electric Co Ltd's washing machine and refrigerator operations in Asia to China's Haier Group Corp, a report said on Thursday.
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