GM confirmed it received U.S. antitrust clearance to boost its holding. Sansui Electric agreed to sell a 51% stake to Polly Peck of Britain for $110 million.
Japan is opening up to more foreign takeovers
Still, analysts said the accord doesn't suggest Japan is opening up to more foreign takeovers.
GM confirmed it received U.S. antitrust clearance to boost its holding. Sansui Electric agreed to sell a 51% stake to Polly Peck of Britain for $110 million.</s>Still, analysts said the accord doesn't suggest Japan is opening up to more foreign takeovers.</s>Japan is opening up to more foreign takeovers