Panasonic to Sell Entire Stake in Autos Business to Apollo GlobalManaged Funds
TOKYO, March 29 Reuters Japan39;s Panasonic Holdings said on Friday it will sell its entire stake in Panasonic Automotive Systems PAS to funds managed by U.S. private equity firm Apollo Global Management. The transaction has a total enterprise value of 311 billion yen 2.06 billion, subject to adjustments at closing, which is expected by the end […]