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Stock Market & Financial Investment News

News Breaks
January 17, 2014
05:53 EDTPCRFYPanasonic to sell three chip assembly plants, decide on two others, Reuters says
Panasonic plans to sell three chip-assembly plants in Southeast Asia to Singapore's United Test and Assembly Center, sources say, reports Reuters. Panasonic is looking to conclude a deal by early February, and is considering its options for two other chip assembly plants in Shanghai and Suzhou, China, the sources added.Reference Link
News For PCRFY From The Last 14 Days
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March 27, 2015
15:40 EDTPCRFYPanasonic Healthcare may bid for Bayer's blood glucose meter unit, Nikkei says
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March 26, 2015
06:54 EDTPCRFYPanasonic ready to spend Y1T on M&A, Reuters says
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March 23, 2015
08:16 EDTPCRFYPanasonic to share intellectual property for the growth of Internet of Things
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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

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