S&T CEO says full takeover by Foxconn possible: magazine

Reuters - December 7th, 2016

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"If we develop poorly and our share price falls significantly I expect that Foxconn will do a full takeover," weekly magazine WirtschaftsWoche quoted Hannes Niederhauser as saying in an interview in its BoersenWoche newsletter.

Foxconn unit Ennoconn raised its holding in S&T to 29.4 percent in a capital increase in October.

(Reporting by Maria Sheahan; Editing by Christoph Steitz)

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