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Sharp's fate would be decided after two days

Category: Written by Unknown / 3:54:00 AM

After a month of delays, the deal to purchase the Sharp Foxconn has continued to be carried out. The terms of these acquisitions has been amended and a board meeting on June 30/03 will decide the fate of Japanese electronics companies this.

According to information from bloomberg.com , the Taiwanese electronics firm Foxconn last month agreed to buy back 600 billion yen Sharp prices (nearly 5.3 billion US dollars). But then it discovered Sharp also has a large debt to 100 billion yen (about 880 million) loan from the bank, so Foxconn decided to delay the purchase of this service to reassess the terms in the contract and review the financial position of Sharp.
Today, this acquisition has been resumed. Foxconn is trying to buy the Sharp price fell 389 billion yen (more than $ 3.4 billion), of course, then the company must pay the additional amount of 100 billion yen that Sharp is owed ​​to the bank. As we have seen, the amount of the deal has diminished significantly, Sharp is facing a difficult decision.A shareholders' meeting was decided to be held in 30/03 days to decide his fate once large rampage Japanese market this technology.https://cdn.tgdd.vn/Files/2016/03/28/808906/foxconn-sharp.jpg
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