Sanyo confirms talks on sale of mobile unit to Kyocera (Telecom.paper)

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    Sanyo confirms talks on sale of mobile unit to Kyocera (Telecom.paper)

    (TP) Sanyo Electric has reached a basic agreement with Kyocera to explore selling its mobile phone business. Kyocera has priority negotiating rights for the mobile business and both companies will assess the value of the unit and work towards a sales agreement. Sanyo has decided to refocus its business following losses at its mobile unit. The sale would comprise the the entire mobile ...

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