INCJ Fund Says Sharp Needs Just $2.5 Billion to Revive Growth

Updated on
  • Fund CEO says no agreement has been reached on a rescue
  • Taiwan's Foxconn is said to be weighing a 600 billion yen bid

A cash infusion of 300 billion yen ($2.5 billion) is enough to plug losses and revive growth at Sharp Corp., according to the head of the government-backed fund considering a rescue of the struggling electronics maker.

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