25-02-2016 13:51 via uk.news.yahoo.com

Foxconn puts Sharp takeover on hold over undisclosed liabilities: sources

TAIPEI/TOKYO (Reuters) - Taiwan's Foxconn has put its takeover of Japanese electronics maker Sharp Corp on hold after becoming aware of previously undisclosed liabilities, two people with direct knowledge of the matter told Reuters on Thursday. Loss-making Sharp said earlier in the day that it had agreed to be bought by Foxconn, a contract manufacturing firm, in what would be the biggest takeover by a foreign company in Japan's insular technology sector.
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