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Sharp Corp (6753.T)

6753.T on Tokyo Stock Exchange

2,713JPY
11:30am IST
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¥2,803
Open
¥2,788
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Tue, Jun 5 2018

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Sharp to buy Toshiba PC business, issue $1.8 billion in new shares

TOKYO Japan's Sharp Corp said it will buy Toshiba Corp's personal computer business and issue $1.8 billion in new shares to buy back preferred stock from banks, highlighting a swift recovery under the control of Foxconn.

Japan's Sharp to issue new shares worth about $1.8 billion

TOKYO Japan's Sharp Corp said on Tuesday it will issue new shares worth about 200 billion yen ($1.8 billion), sending shares of the company tumbling.

Sharp to buy Toshiba PC business, issue $1.8 billion in new shares

TOKYO Japan's Sharp Corp said it will buy Toshiba Corp's personal computer business and issue $1.8 billion in new shares to buy back preferred stock from banks, highlighting a swift recovery under the control of Foxconn.

UPDATE 3-Sharp to buy Toshiba PC business, issue $1.8 bln in new shares

* Sharp shares pare losses to end 4 pct lower (Recasts with share issue)

Japan's Sharp to issue new shares worth about $1.8 bln

TOKYO, June 5 Japan's Sharp Corp said on Tuesday it will issue new shares worth about 200 billion yen ($1.8 billion), sending shares of the company tumbling.

Japan's Sharp says to buy Toshiba's PC business

TOKYO Japan's Sharp Corp said it will acquire Toshiba Corp's personal computer business for $36 million, highlighting its recovery under the control of Foxconn and marking a return to a business it quit eight years ago.

Japan's Sharp says to buy Toshiba's PC business

TOKYO Japan's Sharp Corp said it will acquire Toshiba Corp's personal computer business for $36 million, highlighting its recovery under the control of Foxconn and marking a return to a business it quit eight years ago.

Japan's Sharp says to buy Toshiba's PC business

TOKYO, June 5 Japan's Sharp Corp said it will acquire Toshiba Corp's personal computer business for $36 million, highlighting its recovery under the control of Foxconn and marking a return to a business it quit eight years ago.

Japan's Sharp shares rise 2 pct as board considers Toshiba PC purchase

TOKYO, June 5 Shares in Sharp Corp were up 2 percent in morning trading in Tokyo after the company said its board would meet on Tuesday to consider buying Toshiba Corp's personal computer business.

Japan's Sharp close to deal to buy Toshiba's PC business: sources

TOKYO Sharp Corp is in talks to finalize a deal to buy Toshiba Corp's personal computer business for around 5 billion yen ($45.7 million), as the Japanese electronics unit of Taiwan's Foxconn seeks to re-enter the PC market, sources said.

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