Panasonic begins Sanyo takeover

Just like the titel says, Panasonic has begun to take over Sanyo. Sanyo is one of the biggest concurrent of Panasonic, which is already the biggest plasma tv maker. Sanyo is one of the many victims of the economical crisis, recently it has been hit by the stronger yen and the material that become more and more expensive. Panasonic doens't buy Sanyo in one time, at tje moment they take over more than 50% percent of the shares. Panasonic is interested in the green energy business of Sanyo and want to have a major role in the future hybrid car batterie market.

I think it's both good for us and for the two companies. First of all for us it's an advantage because the idees and the experiments that Sanyo already created and developed don't get lost. This means that the technology for solar panels or other green energy don't get lost and get better and better so that the earth will stay livible.

Also it's a good case for both the companies. Sanyo don't become bankrupt so that the employees of the company probably can work for Panasonic in the future, which increases the unemployement. And for Panasonic it's very good because they can expand their company and will play a big role in the big growing market of green energy which will be the future.

This takeover is, I think, a good deal for everyone.

Germany defends Opel deal

There is a lot of commotion about the sold of the German car company Opel. There is a buyer who has already a deal and that's Magna. GM, the company who took over Opel, has already a deal with Magna to sell Opel to them. But there are a lot of problems with the EU because they say that Magna don't follow the rules etc. And if they don't follow the rules, the deal doesn't count anymore. The German governance defends the deal of Opel with Magna and that's why some governances other countries are a little suspicious and they say that the German governance has advantage when Magna buys Opel.

I don't care who the buyer of Opel is, my biggest concern is that there would be job cuts. Magna said that there will job cuts in England and in Germany but after a while they reduce the amount of job cuts. I hope that they can keep their promise because in times of economical crisis, every job cut is bad for the economy. I really hope that this takeover will be a success in the future, that they don't have to fire people and that it will a success for the world economy.