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Foxconn offers to invest around $5.6 billion in Sharp: sources

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The logo of  Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's headquarters in Tucheng, New Taipei city, in this December 24, 2013 file photo. REUTERS/Pichi Chuang

TAIPEI (Reuters) - Taiwan's Foxconn has offered to invest around 659 billion yen ($5.6 billion) in struggling Japanese electronics maker Sharp Corp, two sources with knowledge of the matter said.

Sharp has chosen Foxconn as its preferred bidder in takeover talks. One source said Sharp's board on Thursday had voted 13-0 to negotiate with Foxconn instead of a state-backed Japanese fund, the Innovation Network Corp of Japan.

(Reporting by JR Wu)

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