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Foxconn files IPO for cable/connector unit - report

2016-07-05 18:51:00| Telecompaper Headlines

(Telecompaper) Taiwan's Hon Hai Precision Industry, better known as Foxconn, filed for an initial public offering of its cable and connector unit in Hong Kong, the Wall Street Journal reported. The paper cited people familiar with the matter as saying the spin-off operation could raise between USD 500 million - USD 1 billion.

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