Panasonic splashes $5.6bn on Blue Yonder to develop ‘autonomous supply chain’
Japan-based electronics company Panasonic has acquired US supply management company Blue Yonder outright for $5.6 billion. The deal, completed last month and slated to close shortly, saw Panasonic acquire the remaining 80 percent of shares in the company from New Mountain Capital, adding to the 20 percent it acquired in July 2020. The total transaction…