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Sharp says still in talks on completing Foxconn deal
2016-03-28 10:31:00| Telecompaper Headlines
(Telecompaper) Sharp said it's still in talks with Hon Hai Precision Industry on their earlier announced partnership, including a capital injection from the Taiwanese manufacturer. Sharp said the companies aim to reach a "satisfactory agreement as soon as practically possible" but had nothing further to add in response to the latest press reports. Hon Hai said earlier that it would hold a board meeting 30 March as scheduled, but whether the board would discuss the Sharp deal would depend on the progress in the negotiations. Sources familiar with the matter told Bloomberg that Sharp's banks are willing to push back the deadline of 31 March for some of the company's loans coming due. They could give the companies another month to negotiate the deal, the report said.
Tags: deal
sharp
talks
completing
Sharp - gets more time to negotiate Foxconn offer'
2016-03-26 23:28:29| Electronics - Topix.net
Sharp Corporation's banks are ready to push back the deadline for most of the company's 510 billion yen in loans and credit lines beyond March 31, people with knowledge of the matter said, giving the electronics maker more time to reach a renegotiated deal to be acquired by Foxconn Technology Group. The extension may be as long as a month, said the people, who asked not to be identified as the decision has not been publicly announced.
Tags: time
offer
sharp
negotiate
Sharp Co. (SHCAY) Cut to Sell at Zacks Investment Research
2016-03-23 14:48:34| Electronics - Topix.net
According to Zacks, "SHARP CORPORATION is a Japan-based company engaged in the manufacture and sale of electronic telecommunication devices, electronic machines and components. The Company operates in two business divisions.
Tags: research
sell
cut
investment
Rovi G-Guide powers Sharp AQUOS TVs
2016-03-22 14:30:43| Digital TV News
Rovi Corporation (NASDAQ: ROVI) has announced that its Rovi G-Guide will power entertainment discovery on Sharps new models of its popular AQUOS TVs available later this month in Japan
Sharp falls as Foxconn deal drags on
2016-03-22 02:34:21| BBC News | Business | UK Edition
Shares of Japanese electronics firm Sharp fall by as much as 5% on concerns a delayed takeover deal with Taiwan's Foxconn may fall apart.
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