Thursday, October 27, 2011

Batista interested in Foxconn partnership

Batista interested in Foxconn partnership

(Reuters) - Eike Batista, Brazil's richest man, wants to help Taiwanese technology giant Foxconn  with its plans to produce Apple products such as the iPad in the country, the deal that could be worth up to $12 billion.

The deal brought eye-popping amounts of money with it. Perhaps even more significant, was the deal's potential to help boost economic ties between Latin America and Asia's biggest economies.

Source: Reuters

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