Ron Burgundy Posted March 16, 2016 Share Posted March 16, 2016 By J.R. Wu and Makiko Yamazaki TAIPEI/TOKYO (Reuters) - Foxconn has completed its due diligence on Japan's Sharp Corp through the end of 2015, but is seeking guidance from the loss-making electronics maker on its latest quarterly performance, a person familiar with the matter said. Foxconn, formally known as Hon Hai Precision Industry Co, is finalizing a takeover of Sharp, estimated to worth nearly $6 billion and marking the largest purchase of a Japanese tech firm by a foreign company. Investors are edge about the deal's prospects after a last-minute hitch last month over potential liabilities at Sharp and the display maker's shares slid 9 percent on Wednesday. View the full article Quote Link to comment Share on other sites More sharing options...
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