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Longreach Leads Bidding for Sanyo Logistics Unit, Nikkei Says

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May 13 (Bloomberg) -- Longreach Group Ltd. is the leading bidder for the logistics unit of Sanyo Electric Co., Nikkei English News said, without citing anyone.

About 10 companies were selected in the first round of bidding for Sanyo Electric Logistics Co. in February, the report said.

Link to Company News:{6764 JP <Equity> CN <GO>} Link to Company News:{9379 JP <Equity> CN <GO>} Link to Company News:{LRG AU <Equity> CN <GO>}

To contact the editor responsible for this story: Fergus Maguire at fmaguire@bloomberg.net