Panasonic to sell entire stake in autos business to Apollo Global-managed funds

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Explore stories from Atlantic Canada.

Barley Risotto and Kimchi: A Culinary Crossroads| SaltWire #food #cookingshorts #kimchiTOKYO -Japan's Panasonic Holdings said on Friday it will sell its entire stake in Panasonic Automotive Systems to funds managed by U.S. private equity firm Apollo Global Management.

The transaction has a total enterprise value of 311 billion yen , subject to adjustments at closing, which is expected by the end of the first quarter of 2025, Apollo said in a statement.Panasonic said it will also acquire a 20% stake in Star Japan Holdings, the company which will own the new parent company of PAS. The automotive business will maintain its strategic relationship with Panasonic Group, Apollo said in its statement.Separately, Panasonic said its unit Blue Yonder would acquire U.S.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 45. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Global Market Scan: New challenges for global seaborne tradeCanada's construction news
Bron: DCN_Canada - 🏆 17. / 74 Lees verder »