Japan tech firms in talks:Sources

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Consumer electronics giant Panasonic is in talks with major shareholders of Sanyo Electric to buy a controlling stake in its smaller Japanese rival, sources told Reuters. Talks with Goldman Sachs, Sumitomo Mitsui Bank and Daiwa Securities are in early stages and no price negotiations have begun, the sources said, but an announcement is expected soon, although Panasonic said Monday it had not made any decision. Dan Sloan reports.

Tags: Panasonic, shareholders, Sanyo Electronic

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