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Sharp may seek fresh equity financing after Samsung deal: sources

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TOKYO (Reuters) – Sharp Corp may sell new shares to help it repay a $2.1 billion convertible bond due in September, after a deal with Samsung Electronics Co raised $111 million in return for a 3 percent stake in the Japanese company, three sources familiar with the matter said.

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Post Published: 08 March 2013
Found in section: Technology and Science