Panasonic Sells Auto Business, Excluding EV Batteries Deal

Japanese electronics giant Panasonic has made a strategic move by selling its automotive Business to private equity firm Apollo Global Management. However, it is important to note that this sale specifically refers to Panasonic’s auto parts business and not its electric-vehicle battery division. On Friday, Panasonic confirmed the sale of Panasonic Automotive Systems to Apollo…

Read More

Zee Entertainment’s stocks surge as reports suggest revival of Sony deal negotiations

India’s Zee Entertainment Enterprises Ltd. may be revisiting merger talks with Sony Group Corp. after ending negotiations nearly a month ago. The talks, which had been in progress for two years, were canceled by Sony subsidiary Culver Max Entertainment Ltd. (formerly Sony Pictures Network India Private Ltd.) in January. The decision was reportedly due to…

Read More