TOKYO -- Panasonic Holdings is in talks to sell an auto parts subsidiary to a U.S. asset management company, as the Japanese manufacturer looks to focus on the electric vehicle market.
Business deals
Panasonic in talks to sell auto parts arm to focus on EV battle
Japanese company aims to secure deal with Apollo Global of the U.S. by March
Panasonic is a maker for display control systems for automobiles. (Photo courtesy of Panasonic)
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