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Sharp, banks near US$1.7b bailout deal: source

Friday, April 17, 2015 - 05:50

Tokyo

JAPAN'S Sharp Corp and its main banks were set to agree on Thursday to a US$1.7 billion rescue-and-restructuring plan that will likely include a promise to split off its ailing smartphone display business, a person involved in the discussions said.

As part of its second major

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