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Kyocera set to buy Sanyo unit

12 February 2008 administrator Vendor News
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Kyocera will buy Sanyo's loss-making mobile phone unit for 378m euros. After 3 years of losses (and coaching by Goldman Sachs), Sanyo hopes to rebuild focusing on solar cells and Kyocera wants to create the world's 6th biggest handset maker.

Read the deal. 
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