The deal between Sharp and Foxconn postponed

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POSTER: computer news   ||    THE DEAL BETWEEN SHARP AND FOXCONN POSTPONED	DATE:2016-02-25
Sharp had a choice between INCJ Fund and the Taiwanese company Hon Hai Precision Industry, better known as Foxconn.  the last Offer was pretty much more attractive, so the choice of Sharp board members came as no surprise. Foxconn is willing to pay for the assets of Sharp 700 billion yen (about 6.25 billion dollars).  After closing  the transaction Foxconn will own 65.9% of the Japanese manufacturer shares, and will be able to release  Sharp displays for Apple smartphones. Foxconn is a major contract of iPhone manufacturer  , so do not have to wonder about the benefits of the transaction. It is interesting that on the eve of signing the deal Foxconn management has received from Sharp new documents, which led to suspend the application process.   Related Products :

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