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Samsung throws Sharp a lifeline

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Samsung throws Sharp a lifeline

E
euronews (in English)

12 Views • Mar 06, 2013

Description

South Korea's Samsung is buying a three percent stake in troubled Japanese electronics firm Sharp, which had to be bailed out by its banks last October.

That is costing the equivalent of just 84 million euros, which is an indication of how strapped for cash Sharp is.

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http://www.euronews.net/