Sanyo Electric performing M&A juggling act?
Investors at Sanyo Electric may be revising their line of questioning.
Rather than ask which business unit is up for sale, Wall Street watchers may be wondering which business unit is "not" for sale.
Sanyo Electric reportedly is entertaining buyout bids from a number of players for its semiconductor business, according to a report Monday in the Wall Street Journal, which cited sources as pegging the deal beyond $859 million.
Two private equity firms--along with MKS Partners, a Japanese private equity firm--are bidding on the chip unit, the Journal reported.
Reuters, however, noted that Francisco Partners dropped out … Read more
