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TOKYO, May 29, 2020 - (JCN Newswire) - Sharp Corporation has announced the decision, made at a meeting of the Board of Directors convened today, to spin off the Display Device Business Division.
This is an absorption-type split into a wholly-owned subsidiary and is expected applicable as a simple company split. Contents of succeeding assets etc., schedule of a spin-off, and name of succeeding company, etc. are to be determined and will be announced separately following resolutions by another meeting of the Board of Directors.
For the full details visit https://global.sharp/corporate/ir/topics/pdf/200529-3.pdf.
Topic: Press release summary
Source: Sharp Corporation
Sectors: Electronics
http://www.acnnewswire.com
From the Asia Corporate News Network
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