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Panasonic may sell Sanyo digital camera business: source

TOKYO (Reuters) – Panasonic Corp may sell its Sanyo digital camera business to Japanese private equity fund Advantage Partners by the end of March, a source familiar with the plan said. A final decision on the sale will be made by the end of the year, the source said on condition he was not identified. Advantage Partners will pay several hundreds of millions of yen for the business, which makes digital cameras for other companies, including Olympus Corp, the Nikkei business daily reported earlier. Panasonic declined to comment saying it had not announced the plan. …

Quoted from Panasonic may sell Sanyo digital camera business: source on Gadgets News Headlines – Yahoo! News

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