Price in $ 2.5 billion 50% higher than the market value of Sharp. In case of successful negotiations the Taiwanese company will assume the debts and Sharp.
TOKYO, 26 Dec. Ksenia Naka. The Taiwanese company Hon Hai Precision Industry Co., Ltd. can buy Japanese electronics manufacturer Sharp for 300 billion yen ($2.5 billion).
One of the main conditions for a Taiwanese company makes a change of the leadership of the Japanese group of companies and replaces it with his people, reports the Agency Kyodo. At the same time, the price of 300 billion yen by 50% over market value is Sharp and is a strong argument in favor of the transaction. In case of successful negotiations Hon Hai Precision Industry Co., Ltd. will assume the debts and Sharp, which together with interest amounted to September of this year 760 billion yen (6.3 billion dollars). This remains in force and the offer to buy only the production of LCD screens.
Prospects for the sales of Sharp or its production LCD screens foreign companies – we are talking about Taiwan’s Hon Hai Precision Industry Co., Ltd. and Korean Samsung — is causing obvious concern in Japan because of the possibility of leakage of valuable technology abroad. In Japan, the recovery Sharp parastatal Corporation is engaged in industrial innovation. However, because of the difficulties to find investors willing to large investments in the restructuring of the Sharp, she was unable to provide a specific plan. To date, the Corporation proposes to transfer the production facilities for the creation of LCD screens in the Japanese company Japan Display, created with the participation of Sony, Toshiba and Hitachi and specializing in the production of screens small and medium sizes.
Earlier in mass media there was information about the possibility of selling its production Sharp small LCD displays Korean Samsung.
