• Kyodo

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A public-private fund might invest in struggling Sharp Corp. to lead the electronics maker’s turnaround, sources close to the matter said.

The investment might amount to around ¥200 billion ($1.7 billion), the sources said Saturday. Sharp’s liquid crystal display panel business is expected to post a higher than expected operating loss of ¥50 billion in the first half because of the economic slowdown in China, they said.

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