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Panasonic to speed up M&A activity in Europe

Dutch subsidiary to identify and evaluate targets in $9bn investment push

A mock-up of an autonomous car interior is shown at the Panasonic booth during the 2017 CES in Las Vegas. Panasonic sees automobiles as a high growth area.   © Reuters

OSAKA -- Panasonic may transfer some functions tied to mergers and acquisitions to Europe so it can speed up overseas takeovers, the company's new chief financial officer told The Nikkei.

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