Japan fund makes late move to thwart Hon Hai in Sharp battle

Japan fund makes late move to thwart Hon Hai in Sharp battle

The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's headquarters in Tucheng, New Taipei city, December 24, 2013. REUTERS/Pichi Chuang/Files

A Japanese state fund is making a final effort to secure a takeover of Sharp Corp as the ailing electronics maker considers a higher $5.8 billion offer from Taiwan’s Foxconn criticizing the composition of the company’s board, sources said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter