Tokyo — Panasonic will buy US supply-chain software firm Blue Yonder for ¥700bn ($6.45bn), in the Japanese electronics firm’s biggest acquisition since 2011, the Nikkei reported on Monday.
Panasonic, which bought a 20% stake in Blue Yonder for ¥86bn last year, is in the final stages of acquiring the rest of the stock from shareholders including Blackstone Group, the Nikkei said, without saying where it obtained the information...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.