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Panasonic, Sanyo shares soar amid takeover reports

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11-05-2008, 03:57 AM

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Panasonic, Sanyo shares soar amid takeover reports

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Sanyo's powerful lithium-ion battery business for autos is another gem for Panasonic, which can hope for a significant global share when combined with its own battery operations, said Tatsuya Mizuno, director at Fitch Ratings in Tokyo.

http://www.cbc.ca/technology/story/2...nic-sanyo.html

IIRC, Toyota has an exclusive deal with Panasonic to supply their NiMH batteries for their hybrids. Honda gets theirs from Sanyo.

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