TOKYO -- Investors in Tokyo were heavy sellers of shares in Panasonic on Tuesday after Nikkei reported that the industrial and consumer conglomerate was set to buy U.S. supply-chain software firm Blue Yonder in a $6.5 billion deal.
Shares in Panasonic ended the day's trading down 6.4%, their lowest close since Jan. 19, having at one stage been down over 7%. The drop was the biggest among the 225 companies comprising the blue-chip Nikkei Stock Average index.
