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| The UK's biggest and best home entertainment electronics forums | |||||||||||||
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11-06-2007, 8:50 AM
| #1 (permalink) |
| News Supplying Robot |  JVC sale flounders as banks wobble
Is the sale of JVC from Matsushita to US private equity firm Texas Pacific Group about to fall through? According to Reuters, a reluctance of banks to finance the 560 million dollar purchase price could scupper the deal altogether. Majority share-owner Matsushita is desperate to off-load the ill-performing Japanese CE company. If the TPG deal [...] More... |
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