Taiwan's Foxconn to take two-thirds stake in Sharp for $3.5 billion

By Reuters
March 31,2016
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TOKYO (Reuters) - Japan's Sharp Corp said on Wednesday that Taiwan's Foxconn will pay 389 billion yen ($3.5 billion) for a two-thirds stake, about 100 billion yen less than initially planned.

($1 = 112.1300 yen)

(Reporting by Chang-Ran Kim and Chris Gallagher; Editing by Edwina Gibbs)