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Kenwood, Sparx take 30% of JVC shares

Posted: 26 Jul 2007  Print Version  Bookmark and Share Subscribe

Keywords: JVC shares  30% stake  JVC shareholders 

[Summary of tips] Discussions about the potential sale of JVC by its parent company, Matsushita Electric Industrial Co. Ltd., reached a conclusion of sorts July 24. Under a deal with Kenwood Corp. and Sparx Group, Matsushita will continue to hold a majority interest in JVC, but its share will drop to 36.8 percent from the current 52.4 percent. J......
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