Japan's Polaris Capital to acquire 80% stake in Panasonic's spinoff business

Japan's Polaris Capital to acquire 80% stake in Panasonic's spinoff business

The company logo of Panasonic Corp is seen at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2015 in Makuhari, Japan, October 6, 2015. REUTERS/Yuya Shino - RTS38NE

Japanese buyout firm Polaris Capital announced that it is acquiring an 80-per cent stake in the new company that Panasonic Corporation is setting up as a spin out of its parent’s security systems business.