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The fog is clearing – Foxconn / Sharp deal on track

The deal between Sharp and Foxconn was put on hold by the Taiwanese company due to Sharp having contingent liabilities. However, the companies are now said to be moving in the right direction.
A person familiar with the matter told Reuters that the companies are "on the right track". The source also said that Terry Gou will attend a meeting in Bangkok – on Monday – that will include Sharp's dealers.

Foxconn suspended the signing of the USD 6.2 billion deal when “new material information” surfaced.


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