Vacuum Cleaners Discussions |
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: New Panasonics . . .
Reply #2 Nov 11, 2008 7:04 am |
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Panasonic is making some moves on the global front to acquire Sanyo and concentrate/focus on battery powered appliances. Have to watch and read carefully as the events and circumstances unfold. Wondering if MIELE's entrance into the high end uprights by making its own [and not badging Pana upright vacuums with its brand] prompted Pana's actions. Carmine D.
This message was modified Nov 11, 2008 by CarmineD
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CarmineD
Joined: Dec 31, 2007
Points: 5894
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Re: New Panasonics . . .
Reply #8 Nov 12, 2008 7:09 am |
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Hi Venson, Carmine, Vac L, Panasonic as a company is usually right on the money,with products and pricing and technology, that works,Sort of like HONDA, Sit back see what everyone else is offering then strike like a cobra.They are very smart business people that are tuned into what they need to accomplish. Why would they want to aqiureSANYO?. Maybe because G.M. is looking to do the same with CHISLER.I mean chrysler. MOLE
Hello MOLE:
You're probably right: Sanyo looks to merge to finance huge investments needed to expand production. While rivals, Pana is the larger of the two. Tho both have to agree on a price, Sanyo is valued at $8.77 BILLION: A world leader in solar power and batteries for electronics and cars. Here's an old article with the news. More articles since but they are not yet posted on the Internet. http://www.nytimes.com/external/idg/2008/11/02/02idg-Report-Panason.html Carmine D.
This message was modified Nov 12, 2008 by CarmineD
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