April 30, 2018 / 8:29 PM / 22 days ago

BRIEF-Panasonic Announces Agreement With U.S. DOJ And SEC Regarding Avionics Business Of Its U.S. Unit

April 30 (Reuters) - Panasonic Corp:

* PANASONIC ANNOUNCES AGREEMENT WITH THE U.S. DEPARTMENT OF JUSTICE AND U.S. SECURITIES AND EXCHANGE COMMISSION REGARDING THE AVIONICS BUSINESS OF ITS U.S. SUBSIDIARY

* PANASONIC - PAYMENTS TO U.S. GOVERNMENT NOT EXPECTED TO HAVE A MATERIAL IMPACT ON CO’S RESULTS FORECASTS FOR FISCAL YEAR THAT ENDED MARCH 31, 2018

* PANASONIC - PANASONIC AVIONICS AGREED TO ENGAGE AN INDEPENDENT COMPLIANCE MONITOR FOR A PERIOD OF 2 YRS, AFTER WHICH IT WILL SELF-REPORT FOR 1 YEAR Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below