listing of FIT, as the unit is called, is planned for the second
quarter of 2016, with funds from the deal to be used to expand
its overseas business and develop new technologies, added IFR, a
Thomson Reuters publication. FIT makes electronic connectors and
Foxconn Technology Group, whose flagship listed unit is Hon Hai,
declined to comment on FIT's listing plan.
Bank of America Merrill Lynch, China International Capital Corp
(CICC) and Credit Suisse were tapped to work on the deal, IFR
(Reporting by Fiona Lau of IFR; Writing by Elzio Barreto;
Editing by Stephen Coates)
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