<p>Panasonic Corp, said on Thursday, that it will take majority control of Sanyo Electric Co in a US$4.6 billion deal, forging one of the biggest electronics makers in the world. <br />Panasonic said it will buy 50.2 per cent of Sanyo for ¥403.78 billion (US$4.6 billion) after closing its five-week tender offer that began on November 5. It will pay ¥131 per Sanyo share.</p>
<p>Panasonic Corp, said on Thursday, that it will take majority control of Sanyo Electric Co in a US$4.6 billion deal, forging one of the biggest electronics makers in the world. <br />Panasonic said it will buy 50.2 per cent of Sanyo for ¥403.78 billion (US$4.6 billion) after closing its five-week tender offer that began on November 5. It will pay ¥131 per Sanyo share.</p>