Deals Rumor Mill: Panasonic, Suntech, ConocoPhillips
By Karlee Weinmann ( April 16, 2013, 1:40 PM EDT) -- Panasonic Corp. has enlisted Bank of America Merrill Lynch to help guide the sale of a slice of its health care unit, a divestment that Reuters reported on Tuesday could be worth up to $1 billion. The Japanese electronics conglomerate has said it would target bidders with medical expertise to help fuel future growth for the division, though a pair of potential private equity suitors — Bain Capital LLC and The Carlyle Group LP — are on the radar. Unloading a piece of the health care unit would free up Panasonic resources as the company seeks to shift away from its consumer electronics business in favor of a sharpened focus on supplying devices and components to other companies....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.