- Zacks
Panasonic Corp. (PCRFY) Flat As Market Sinks: What You Should Know
In the most recent trading session, Panasonic Corp. (PCRFY) closed at $9.36, indicating no shift from the previous trading day.
- Zacks
Panasonic (PCRFY) to Sell Majority Stake in PAS to Apollo
Panasonic (PCRFY) will sell its majority stake in Panasonic Automotive Systems Corporation to funds managed by Apollo affiliates.
- Barrons.com
Panasonic Just Sold An Auto Business. It Wasn’t the EV Batteries.
Japanese electronics giant Panasonic sold its automotive business to private equity player Apollo Global Management That is its auto parts business, not Panasonic’s electric-vehicle battery business. Panasonic will retain a 20% stake in the new venture. Panasonic’s automotive systems segment generates roughly $10 billion a year in sales.
