Panasonic considers sale of healthcare business: sources
TOKYO (Reuters) - Japan's Panasonic Corp is considering selling its healthcare business to raise cash as the consumer electronics maker fights to end losses with flat-panel televisions, two sources familiar with the matter said on Sunday. The troubled consumer electronics company has been selling assets, including real estate, to strengthen its finances. "As a part of our growth strategy, we are considering a number of options," a Panasonic spokeswomen said. Panasonic was planning to sell the profitable healthcare business for about 100 billion yen ($1. ...
Source: news.yahoo.com
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