The logo of  Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's headquarters in Tucheng, New Taipei city, in this December 24, 2013 file photo. REUTERS/Pichi Chuang

OSAKA, Japan (Reuters) – Foxconn should be able to reach a deal to acquire Sharp Corp over the next two to three weeks, after the two firms reached a consensus on most points at a meeting on Friday, Chief Executive Officer Terry Gou said.

Foxconn, known formally as Hon Hai Precision Industry Co , has officially been given preferred negotiating rights, he told reporters.

The Taiwanese firm has offered to invest around 659 billion yen ($5.6 billion) in Sharp, sources familiar with the matter have said – a deal which would make it the biggest acquisition by a foreign company in Japan’s insulated technology sector.

(Reporting by Makiko Yamazaki in Osaka and J.R. Wu in Taipei; Writing by Edwina Gibbs; Editing by Muralikumar Anantharaman)

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