Hon Hai Linked to Sharp Buyout
Sources in Japan, including the Nikkei newspaper, claim that Hon Hai has proposed a purchase of the entirety of Sharp for ¥300 billion ($2.5 billion). The figure represents a 50% – 60% premium on Sharp’s current market value. It is rumoured that Hon Hai would require Kozo Takahashi, Sharp’s president, to step down as part … Read more