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BRIEF-Sharp's unit Sharp Electronics Corporation reaches settlement with two overseas firms for fire accident
October 19, 2016 / 6:40 AM / a year ago

BRIEF-Sharp's unit Sharp Electronics Corporation reaches settlement with two overseas firms for fire accident

Oct 19 (Reuters) - Sharp Corp :

* Says the co’s unit Sharp Electronics Corporation decided to pay $205,748 in total to Great Lakes Reinsurance SE and State Farm Fire & Casualty Company as settlement

* Says Great Lakes Reinsurance SE and State Farm Fire & Casualty Company filed lawsuit against the co’s unit and General Electric Company, claiming the co’s air-conditioner product caused fire accident

Source text in Japanese:goo.gl/VfS4Kt

Further company coverage: (Beijing Headline News)

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