Technology

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

6 years ago

Anonymous $qrGo_Xv_Cm

https://www.reuters.com/article/us-toshiba-sharp-pc/sharp-to-buy-toshiba-pc-business-issue-1-8-billion-in-new-shares-idUSKCN1J101M

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.

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

Jun 5, 2018, 9:25am UTC

$qrGo_Xv_Cm

https://www.reuters.com/article/us-toshiba-sharp-pc/sharp-to-buy-toshiba-pc-business-issue-1-8-billion-in-new-shares-idUSKCN1J101M >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.