The following appears on bloomberg.com

Sharp Corp. and Foxconn Technology Group said they are pushing to close the rescue deal for the Japanese manufacturer that has been held up by disagreement for more than a month.

Hon Hai Precision Industry Co., Foxconn’s flagship company, said on Sunday it will hold a board meeting on March 30 as scheduled, where it may discuss the Sharp deal depending on the stage of negotiations, according to a statement to the Taiwan stock exchange. Sharp said today it aims to reach the agreement as soon as possible, and will promptly make information public if it reaches a decision requiring disclosure.

Sharp’s banks are ready to push back the deadline for most of the company’s 510 billion yen ($4.5 billion) in loans and credit lines beyond March 31, people with knowledge of the matter said earlier. That would give the Japanese maker of Aquos televisions more time to reach a renegotiated deal to be acquired by billionaire Terry Gou’s Foxconn. Sharp shares climbed the most in three weeks in Tokyo on Monday.

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