Japan's Panasonic Corp said on Monday it aims to win approval from anti-monopoly regulators for its bid for Sanyo Electric Co Ltd by September. Panasonic is planning to spend at least 400 billion yen ($4.2 billion) to take control of Sanyo, the world's largest rechargeable battery maker, in a move to strengthen its presence in the rapidly growing green energy business.

($1=94.73 Yen)

(Reporting by Kiyoshi Takenaka)

Japan Battery Manufacturing