TOKYO - ELECTRONICS maker Sanyo surged 26 per cent in morning trade on the Tokyo stock exchange on Thursday, following reports Panasonic planned to buy out the remaining shares of its majority-owned subsidiaries. Panasonic Corp plans to spend at least US$8.4 billion (S$11.5 billion) to buy out Sanyo Electric Co. and Panasonic Electric Works Co, converting them into wholly-owned units, Dow Jones ...
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