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In 2012 EDSG has been working with a private Russian university to establish new academic and research programs as well as to streamline its operations.

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The Economist: Business

  • Sharp elbows

    IT IS surely a promising sign for Terry Gou, the boss of Foxconn, that Japan’s largest business newspaper, the Nikkei, is reporting unflatteringly on his efforts to buy Sharp, a near-bankrupt electronics firm. At first the Innovation Network Corporation of Japan (INCJ), a government-backed fund, had seemed certain to snap up the company, and the Nikkei said little. But now the paper is calling Mr Gou a domineering, wilful “warlord of business” with close ties to China who it says has antagonised Sharp’s management with its tactics. So he must be getting somewhere.

    Mr Gou scored a coup on February 5th when he appeared to secure Sharp’s agreement to favour Foxconn’s bid of ¥660 billion ($5.6 billion) for the firm, rather than that of the INCJ, which is offering about half as much. Mr Gou says the two firms are set to strike a deal this month. If so, it would be one of the biggest foreign takeovers of a Japanese firm (see article). Sharp says it...

NYT > Business Day

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