Thursday, December 4, 2008

American Bank prevented Panasonic buy Sanyo.

The American bank Goldman Sachs has refused to sell his shares of the company Sanyo Panasonic, tells AFP. The reason for the refusal Goldman Sachs has become undervalued shares of Sanyo company Panasonic.
Fourth December one share Sanyo has cost 148 yen (1.6 dollars). Panasonic company Goldman Sachs has offered 130 yen (1.4 dollars) per share Sanyo. Previously, Panasonic has offered Goldman Sachs to sell Sanyo shares at a price of 120 yen (1.3 dollars). At a Goldman Sachs is 29 per cent of the shares Sanyo.
In addition to being an American bank refused to sell the shares of Panasonic Sanyo, he is considering increasing its stake in Sanyo. To that end, Goldman Sachs may purchase shares of Sanyo from other shareholders.
The intention to buy Panasonic Sanyo became known in early November. Then, it was reported that Panasonic has agreed with the banks, Sumitomo Mitsui Banking, Daiwa Securities SMBC and Goldman Sachs to buy back their shares in Sanyo. Together, these three banks control 70 percent of the shares Sanyo.

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