Adrian J Cotterill, Editor-in-Chief
The WSJ is reporting that Sharp is nearing a deal with its main banks on a restructuring plan that would include (likely 5,000) job losses, cost cuts and the banks effectively writing off some $1.68 billion.
May 14 looks like a date for your diary for a more formal announcement.
See also ‘Sharp Seeks to Spin Off LCD Panel Unit‘ from back in early April
Follow DailyDOOH