The Traderszone Network

Published in TZ Latest News 24 February, 2016 by The TZ Newswire Staff

Japan’s Sharp Corp. agrees to a $6.2 billion rescue deal from Taiwan

Japanese icon bailed out by Taiwan company
– Sharp Corp. agreed to a 700 billion yen ($6.2 billion) rescue deal from Taiwan’s Foxconn Technology
– Rejected a competing offer from a Japanese government-backed fund (state-backed Innovation Network Corp)