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Panasonic to sell autos business to Apollo Global-managed funds

Japan's Panasonic Holdings said it will sell its entire stake in Panasonic Automotive Systems (PAS) to funds managed by U.S. private equity firm Apollo Global Management, and then make an investment in the new holding entity. Get more Companies News and Business News on Zee Business.

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Panasonic Automotive Business: Panasonic to sell autos business to Apollo Global-managed funds, ET Auto

Panasonic Automotive Business: Panasonic said it will 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.

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

Japan's Panasonic Holdings
said on Friday it plans to sell its entire stake in
Panasonic Automotive Systems to funds managed by U.S. private
equity firm Apollo Global Management.
...

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Apollo to Acquire Majority Stake in Panasonic's Auto-Parts Business

By Sherry Qin


Funds managed by affiliates of private-equity firm Apollo Global Management have agreed to acquire a majority stake in Panasonic Automotive Systems for an enterprise value of 311...

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Panasonic to Sell Entire Stake in Autos Business to Apollo Global-Managed Funds

Panasonic to Sell Entire Stake in Autos Business to Apollo Global-Managed Funds
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Panasonic to sell entire stake in autos biz to Apollo Global Management

Panasonic to sell entire stake in autos biz to Apollo Global Management
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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