New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 31, 2014
06:51 EDTPCRFY, NOKNokia to acquire parts of Panasonic wireless network business
Nokia Networks (NOK) announced that it has entered into a memorandum of understanding to acquire part of the wireless networks business of Panasonic System Networks (PCRFY). The agreement covers Panasonic's mobile phone wireless base station system business for mobile operators and related wireless equipment system business. The two parties plan to conclude the agreement by the end of September, with expected closure scheduled on January 1, 2015. Under the terms of the agreement, fixed assets and business contracts with Panasonic's customers are being transferred to Nokia Networks in Japan, including Panasonic employees involved in the business.
News For NOK;PCRFY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 27, 2015
15:40 EDTPCRFYPanasonic Healthcare may bid for Bayer's blood glucose meter unit, Nikkei says
Subscribe for More Information
March 26, 2015
06:54 EDTPCRFYPanasonic ready to spend Y1T on M&A, Reuters says
Subscribe for More Information
March 23, 2015
08:16 EDTPCRFYPanasonic to share intellectual property for the growth of Internet of Things
Subscribe for More Information
March 16, 2015
10:09 EDTPCRFYPanasonic's ITC acquisition worth several hundred million dollars, WSJ says
Panasonic's previously announced acquisition of ITC Global is expected to be wroth tens of billions of yen, or roughly several hundred million dollars, reports the Wall Street Journal, citing a person familiar with the matter. ITC Global has annual revenue of about $83M. Reference Link
10:06 EDTPCRFYPanasonic to acquire ITC Global
Panasonic Corporation and ITC Global announced that they have entered into a definitive agreement for Panasonic to acquire ITC Global, a provider of satellite communication services for the energy, mining, and maritime markets. The transaction is expected to close after customary conditions have been met and regulatory approvals have been obtained. Centerview Partners acted as Panasonic's exclusive financial advisor. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use