Samsung Electronics has sold all the shares of Sharp
As you know, the deal between Sharp and Foxconn issue. But this merger has an impact not only on the parties to the transaction.
So it is reported that Samsung got rid of the stock Sharp. The Korean giant they were few — 35.8 million, which corresponds to 0.7% of all shares of the Japanese manufacturer. Given the current value of securities, Samsung has saved about 45 million dollars.
Just three years ago, the company owned approximately 3% stake in Sharp, but subsequently sold most of them in the process of optimising its assets.