Ron Burgundy Posted February 26, 2016 Share Posted February 26, 2016 By Ritsuko Ando and J.R. Wu TOKYO/TAIPEI (Reuters) - The chief executives of Sharp Corp and Foxconn plan to meet on Friday in China, a person familiar with the matter said, a day after the world's largest contract maker of electronic goods put its takeover of the Japanese firm on hold. Shares in Sharp slid 11 percent on Friday after sources said previously undisclosed liabilities were responsible for the last-minute hitch. Just hours after the loss-making display maker announced it had decided to sell a two-thirds stake to Foxconn, the Taiwanese firm said it would not sign the deal until it had clarified some "new material information" from Sharp. View the full article Quote Link to comment Share on other sites More sharing options...
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