Japanese corporation Sharp promises to May to present a new restructuring plan, and rumors have long been credited with the Japanese manufacturer intention to get rid of the business of producing LCDs, which, though allows the brand to occupy a decent share of the world market, adequate financial return is not guaranteed. Nearest neighbors and competitors in the face of Sony, Hitachi and Toshiba have joined its core assets in 2012 under the guise of Japan Display, a 35% stake in the joint venture was supported by the Japanese government investment fund INCJ. Then Sharp had the opportunity to join this Ark of the Japanese LCD-structure, but refused the relevant transaction.
Now, as reported by Reuters, on the agenda the question of secession business Sharp to produce LCD panels, but retaining control over the core asset. It is assumed that the same INCJ fund will invest in Sharp division to $ 92 million. Sharp Representatives, who recently issued a rebuttal information of intent to sell the business, now say that they study different possibilities, without accepting direct negotiations with fund investment .
The next logical step would be the union of Sharp LCD-business assets Japan Display on the initiative of the controlling their fund INCJ, but while trying to guide Sharp resist such a scenario. What proportion receive INCJ, not specified, but a significant degree of control over the assets of Sharp casting vote can go to the representatives of the fund. Sharp interested in refinancing their debts Japanese banks, and therefore unprofitable assets now make better for the balance of the corporation. Related Products :
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