Sharp shares up more than 10 percent after Foxconn completes stake purchase
Reuters - August 14th, 2016
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Sharp on Friday said that Foxconn completed the 388.8 billion yen ($3.84 billion) purchase, bringing Foxconn's stake to 66.07 percent
Sharp jumped as high as 17 percent to 124 yen, the highest since June 24.
($1 = 101.2700 yen)
(Reporting by Ayai Tomisawa; Editing by Stephen Coates)
News Sources
Sharp shares up more than 10 percent after Foxconn completes stake purchase
- Reuters
- August 14th, 2016
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