Japan Display to come under Chinese group’s control after $2.1 billion bailout

Apple Inc supplier Japan Display said on Friday it has signed a long-awaited deal under which it will receive a 232 billion yen ($2.1 billion) bailout that will give a Chinese-Taiwanese group a near-majority stake in the firm.

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Read more here: Japan Display to come under Chinese group’s control after $2.1 billion bailout

Category: businessNews

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