Monday, 15 September 2014
Last updated 2 days ago
Nov 5 2009 | 9:23am ET
Japan’s Panasonic Corp. will make a formal takeover bid for Sanyo Electric Co., in a move that will make it a powerhouse in the cleantech sector.
Panasonic said Wednesday it had received enough assurance from world regulators to go ahead with the JPY 400 billion ($4.45 billion) deal. The takeover will give it a strong position in three green business areas: solar panels, fuel cells and rechargeable batteries for hybrid and electric vehicles.
European antitrust regulators approved the deal in September, and China gave it the green light on Friday, although it stipulated that Panasonic reduce its stake in a joint battery venture with Toyota. The deal has also received informal consent from U.S. regulators.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?