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Foxconn to acquire Sharp in $5.6bn deal

Troubled Japanese electronics manufacturer Sharp Corpor […]

The Sharp-Hon Hai (Foxconn) Acquisition Drama Thickens: Or Is It Kabuki?

Rarely have we seen the realities and dynamics of business, economics, politics, and culture in Japan and Asia put under such fine focus and within such a short deadline. Many fateful decisions will be made by Japanese leaders this month, with implications not only for Sharp and Hon Hai, but also for Japan, China and the rest of Asia.

iPhone-maker Foxconn to acquire Sharp for $5.6B

A Taiwanese upstart could own one of Japan's most storied brands.        

Sharp takeover deal should be finalized by end of February, Foxconn CEO says

The Foxconn bid to take over Sharp is now only awaiting finalized details between the two parties, Foxconn's CEO Terry Gou told reporters on Friday, indicating that Innovation Network Corp. has indeed been cut out of the loop.

Foxconn, Sharp to Sign Takeover Deal By End of February

Foxconn Chairman Terry Gou said Friday that the Taiwanese iPhone assembler plans to seal a deal to buy troubled electronics provider Sharp by the end of the month, paving the way for one of the biggest foreign takeovers of a Japanese company.

Sharp and Foxconn to Settle Takeover Soon

Foxconn expects to seal a takeover deal with Sharp by the end of February. Executives from both companies met on Thursday and agreed on a number of items, but didn't sign any final agreements. Foxconn has been courting Sharp for a while now, and has offered $5.5 billion to buy the company. Show More Summary

It's A Deal: Foxconn Is Buying Sharp

It will be the largest acquisition by a foreign company in Japan's tech sector to date. Taiwanese manufacturing and supply firm Hon Hai Precision Industry Co, or more readily known as "Foxconn," will acquire Japan's Sharp Corporation for $5.5 billion, Reuters reports. Show More Summary

Foxconn, Sharp close to a deal

Foxconn is aiming to finalise a deal to acquire Japan's Sharp by the end of the month. ||| Osaka - Taiwan's Foxconn is aiming to finalise a deal to acquire Japan's Sharp by the end of the month, after the two firms reached a consensus...Show More Summary

Foxconn ups pressure on Sharp

Foxconn Technology Group Chairman Terry Gou is stepping up pressure on Sharp to quickly accept his proposed bailout. ||| Tokyo - Foxconn Technology Group Chairman Terry Gou is stepping up pressure on Sharp to quickly accept his proposed...Show More Summary

Foxconn says agreed with Sharp on most points of takeover deal

OSAKA, Japan (Reuters) - Foxconn should be able to reach a deal to acquire Sharp Corp over the next two to three weeks, after the two firms reached a consensus on most points at a meeting on Friday, Chief Executive Officer Terry Gou said. Show More Summary

Foxconn offers to invest around $5.6 billion in Sharp: sources

TAIPEI (Reuters) - Taiwan's Foxconn has offered to invest around 659 billion yen ($5.6 billion) in struggling Japanese electronics maker Sharp Corp, two sources with knowledge of the matter said. Sharp has chosen Foxconn as its preferred bidder in takeover talks. Show More Summary

Foxconn likely to become Sharp's new owner

Foxconn is now the clear favorite to buy Sharp after offering $5.5 billion for the moribund electronics firm. The Wall Street Journal is reporting that Foxconn's bid was so large that it's now entering "exclusive talks" to seal the deal. Show More Summary

Sharp leaning towards Foxconn takeover, but with no exclusive negotiations, CEO says

Sharp is indeed leaning towards a takeover by Apple's main manufactuing partner, Foxconn, but no exclusive negotiating rights have been offered, the company's CEO announced at a Thursday press conference.

Sharp Leaning Toward Foxconn's $5.5B Bid

Sharp is favoring an acquisition offer from Foxconn over a potential rescue from Japanese investors. Sharp has lost market share in the consumer electronics business over the last few years while prices for its display panels have sunk. Show More Summary

Sharp-Foxconn: Making Shareholders Happy

Sharp’s decision to move toward a deal with Apple supplier Foxconn is a victory for shareholders, who were otherwise doomed to a less-appealing Japanese government-linked offer.

In Industry Shift, Sharp Looks Outside Japan for a Buyer

The company plans to decide in the next month between competing offers from Foxconn of Taiwan and an investment fund financed by the Japanese government.

Sharp weighs investment proposals, decision within a month

TOKYO (AP) — Troubled Japanese electronics maker Sharp plans to decide within a month between investment offers from Taiwanese company Hon Hai, also known as Foxconn, or a consortium of Japanese investors. Sharp Corp. has acknowledged...Show More Summary

Sharp to Enter Exclusive Talks With Foxconn Over Takeover

Sharp has decided to enter exclusive talks with Taiwanese electronics assembler Foxconn over a takeover, people familiar with the matter said.

Sharp, Foxconn to enter talks over $5.5B takeover bid, report says

Sharp reportedly plans to enter talks with Foxconn over a takeover bid that could be worth some $5.5 billion, suggesting an end is near for Foxconn's bidding war with Innovation Network Corporation of Japan.

Sharp Board Under Pressure to Consider Taiwanese Bid

Sharp’s board is scheduled to meet Thursday to weigh competing takeover offers from a Japanese government-backed investment fund and Foxconn, but it is under growing pressure to postpone a decision to examine the Taiwanese electronics assembler’s bid more closely.

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