News
Olympus sells mobile telecom unit to fund for $676 mln
in.reuters.com
[Reuters] is now about 40 percent down from the pre-scandal level. The shares ended down 0.3 percent at 1,496 yen on Friday, before the announcement. ($1 = Japanese yen) (Reporting by Mayumi Negishi and Yoko Kubota; Editing by Jacqueline Wong)
Japan's Furukawa: GDP outlook takes into account sales tax hike
in.reuters.com
[Reuters] Furukawa said on Friday. Last week, Prime Minister Yoshihiko Noda's government pushed through a controversial plan to double the sales tax to 10 percent by (Reporting by Leika Kihara; Writing by Mayumi Negishi; Editing by Michael Watson)
Hon Hai seeking 20 pct stake in Sharp: Nikkei
www.reuters.com
[Reuters] per share for Sharp, compared with the 550 yen initially agreed in March. Sharp's shares shot up as much as 13 percent on the report. They were up 4.0 percent at 182 yen in late afternoon trade. (Reporting by Mayumi Negishi; Editing by Chang-Ran
Hedge funds Linden, LIM contest Micron bid for Elpida: document
www.reuters.com
[Reuters] yen ($294 million) of bonds issued by Elpida. The bondholders object to the current plan, saying Micron Technology Inc's bid undervalues Japan's sole DRAM maker. ($1 = Japanese yen). (Reporting by Junko Fujita, Editing by Mayumi Negishi)
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