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Panasonic to buy 49 percent of Ficosa International; regulatory approval required

( September 30, 2014, 08:52 GMT | Official Statement) -- MLex Summary: Panasonic plans to acquire 49 percent of Ficosa International, a Barcelona-based manufacturer of automotive components. Panasonic wants to buy the stake by the end of March 2015 after receiving approval from “relevant authorities,” the Japanese company said in a press release. Panasonic spokeswoman Yayoi Watanabe said “relevant authorities” refers to competition regulators in “several countries,” but wasn’t more specific.The Panasonic statement, in Japanese, is attached....

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