Panasonic to acquire additional 20% stake in Ficosa, making it a subsidiary

Panasonic Corporation announced it will acquire an additional 20% of shares in Ficosa International, a global tier 1 automotive parts supplier, increasing its stake to 69% and making Ficosa a consolidated subsidiary.

“Panasonic Corporation announced today that it will acquire an additional 20% of shares in Ficosa International, S.A., which is a global tier1 full service supplier of automotive parts and systems.”news.panasonic.com

• 1 source
• news.panasonic.comPanasonic Acquires Additional Shares of Ficosa, a Global Tier 1 Full Service Supplier, to speed up technological synergies between both companies | Management/Financials | Company | Press Releases | Panasonic Newsroom GlobalMar 20, 2017

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