Foxconn Owner Hon Hai to Become Sharp's Largest Shareholder

28 Mar 2012  /  5:35pm  /  By Ng Chong Seng

Sharp will sell a 9.9% stake (about 121.65 million new shares) to the Hon Hai Group for 66.9 billion yen (US$807 million). This will make Hon Hai Sharp's largest shareholder.