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Sharp, Foxconn pushing to close rescue deal after a month of delays

Banks ready to extend deadline for most of Sharp's 510b yen loans and credit lines beyond March 31
Tuesday, March 29, 2016 - 05:50

37563423.1 (37896776) - 28_03_2016 - SHARP-RESTRUCTURING_.jpg
Sharp Corp and Foxconn Technology Group said that they are pushing to close the rescue deal for the Japanese manufacturer that has been held up by disagreement for more than a month.

Tokyo

SHARP Corp and Foxconn Technology Group said that they are pushing to close the rescue deal for the Japanese manufacturer that has been held up by disagreement for more than a month.

Hon Hai Precision Industry Co, Foxconn's flagship company, said on Sunday that it will hold a

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