Sharp's shares fall 11% after Foxconn takeover deal stalls

Sharp has been saddled with heavy debts and in 2012 came close to bankruptcy Shares in electronics giant Sharp lost 11% in Tokyo amid reports that the delay in its takeover by Taiwanese manufacturer Foxconn was due to previously undisclosed losses. The $4.3bn (£3.08bn) deal was announced by Sharp, external on Thursday. But Foxconn later said it would not sign the deal until it clarified "new infor