Trade Resources Company News Samsung Will Become Sharp's Fifth Largest Shareholder, with a 3.4% Equity Stake

Samsung Will Become Sharp's Fifth Largest Shareholder, with a 3.4% Equity Stake

Through the investment, which is to be made by March 28, Samsung will become Sharp's fifth largest shareholder, with a 3.4% equity stake, surpassing the 2.56% stake of Qualcomm, the seventh largest shareholder, which last December decided to invest up to 9.9 billion yen. All other significant shareholders are Japanese financial institutions.

 

Source: http://www.i-micronews.com/news/Samsung-acquire-3-4-Sharp-10-4-billion-yen,10191.html
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Samsung to Acquire 3.4% of Sharp for 10.4 Billion Yen
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