Panasonic (PC) is in acquisition talks in the U.S. and Europe, says Shusaku Nagae, head of...

|About: Panasonic Corp. ADR (PCRFY)|By:, SA News Editor

Panasonic (PC) is in acquisition talks in the U.S. and Europe, says Shusaku Nagae, head of Panasonic’s Eco Solutions Co, because the company needs a different business model in the two regions. Panasonic may use the deals to speed its transition from a TV maker to a supplier of solar energy systems and power storage.