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

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

5 years ago
Anonymous $fWzGa1uP8i

https://www.reuters.com/article/us-japan-display-china/japan-display-to-come-under-chinese-groups-control-after-2-1-billion-bailout-idUSKCN1RO0U1

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.