Deals
Sharp Jumps After Report on TV Factory Sale to Lenovo
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Sharp Corp. advanced to its highest in six months in Tokyo trading after the Nikkei newspaper said the company may sell a TV factory to Lenovo Group Ltd. and form a China sales venture with the PC maker.
The Japanese electronics company gained 7.3 percent to close at 338 yen, the stock’s highest since July 11. It tumbled 55 percent last year, the biggest decline among members of the benchmark Nikkei 225 Stock Average.