Asia Pacific Telecom shares jump on news Foxconn to buy stake

TAIPEI Mon May 26, 2014 9:32pm EDT

TAIPEI May 27 (Reuters) - Shares of Taiwan's Asia Pacific Telecom Co Ltd opened up 4.2 percent on Tuesday after the telecom operator said it had agreed to sell a stake to Foxconn Technology Group. (Reporting by Michael Gold; Editing by Chris Gallagher)