Sharp exec says Foxconn deal to soon receive China approval: Jiji

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Foxconn, formally known as Hon Hai Precision Industry Co, is investing around $3.5 billion for a two-thirds stake in Sharp.

The Nikkei had previously reported that the closing of the deal was being thwarted by a time-consuming antitrust review in China.

($1 = 105.4600 yen)

(Reporting by Tokyo Newsroom; Editing by Jacqueline Wong)