Hon Hai 700 billion yen "betrothal" qualifying, "David summer love fruition?

The latest SHARP official has issued a press release announced and Foxconn alliance, will be 118 yen per share price, the issuance of ordinary shares to Hon Hai, a total of 3 billion 281 million shares, and 11 thousand and 800 yen per share issued C shares 8 million 620 thousand shares, and raised a total of about 488 billion 900 million yen after the completion of the transaction, Hon Hai will hold SHARP 65.86% shares, the total issuance painting still needs to be approved in June shareholders' meeting.

According to Hon Hai and SHARP planning, SHARP to issue new shares for Foxconn funds, a portion of which will be used in the Kueishantao panel factory in Mie, the new surface OLED panel production line.

According to Japanese media reports, SHARP will accept Hon Hai's proposed 700 billion yen bailout, the goal of completing the final adjustment of the agreement within a month. (photo: SHARP)

David summer love finally airness towards the end? This SHARP held two interim Board of directors, and Japanese officials and the public fund is Hon Hai Industrial Innovation Agency (INCJ) to choose bail-out plan proposed by the Japanese media, Nikkei 25 days earlier today released news that SHARP, Foxconn decided to accept the 700 billion yen bailout!

The Nikkei 25 reported on SHARP for Hon Hai and Japan Industrial Innovation Agency (INCJ) bailout held a provisional board of directors results have been released, SHARP decided to accept the 700 billion yen package Foxconn target to complete the final agreement, adjustment in a month. SHARP's stock price rose 5.8% today, hearing the news of the day, the Japanese time at 11:30 on the morning of reported at $181, or 4.02%.

Hon Hai and Japan Industrial Innovation Agency (INCJ) have been proposed in the original sea rescue plan Foxconn hit 625 billion yen, and thrown in the INCJ common revitalization Japanese panel projects, and strive to be included in SHARP JDI, Foxconn several times to raise prices, from the news, to 700 billion yen, while the outside world that this is SHARP abandon INCJ why, Hon Hai, INCJ bailout plan in the amount of about 300 billion yen.

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