Longreach Group may win Sanyo logistics company
Hong Kong-headquartered private equity firm The Longreach Group has emerged as the potential lead bidder for Sanyo Electric Logistics Co.,Ltd, a Japanese logistics company owned by Sanyo Electric, the electronics manufacturer acquired by Panasonic in November 2009.
Longreach and Japanese logistics company Nippon Express Co., Ltd, will reportedly compete in the final bid. The deal is expected to complete by summer this year. Other details, including the pricing,...
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