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BRIEF-Panasonic to wholly own PanaHome via share exchange
December 20, 2016 / 8:02 AM / a year ago

BRIEF-Panasonic to wholly own PanaHome via share exchange

Dec 20 (Reuters) - Panasonic Corp :

* Says it to have executed a share exchange agreement to make Panahome Corp its wholly-owned subsidiary through share exchange on Aug. 1, 2017

* Says Panahome Corp to be delisted on July 27, 2017

* Says one share of Panahome can be exchanged for 0.8 share of Panasonic

Source text in Japanese: goo.gl/V3f5gu

Further company Coverage: (Beijing Headline News)

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