Reports are emerging that Japanese financial services group Orix is to buy Panasonic's projector business for a fee in the region of 100 billion Japanese Yen. The price of the deal translates to $639 million and €585 million.
Orix were one of the
interested parties named by Nikkei Asia
when the deal was first reported on
back in May.
Panasonic is said
to be stepping away from the
projector business to focus more on
digital supply chain systems.
This latest news
story was posed yesterday (17 July)
on the website The Trading View.