Panasonic Pays $800M To Bring Stake In Blue Yonder To 20%

Law360 (May 20, 2020, 3:34 PM EDT) -- Japanese electronics giant Panasonic said Wednesday that it made an $800 million share purchase in Blue Yonder, giving Panasonic a 20% minority stake in the supply chain solutions company and a seat on its board of directors.

The deal values Blue Yonder at $5.5 billion, including debt. Panasonic Corp. bought the shares from a Fried Frank Harris Shriver & Jacobson LLP-advised New Mountain Capital LLC, which will remain a majority shareholder, along with Blackstone Group Inc. A Panasonic spokesman confirmed the $800 million purchase price to Law360 late Thursday.

The secondary share investment further cements Panasonic and Blue Yonder's business partnership,...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!