• Kyodo, Reuters

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Display panel maker Japan Display Inc., a key supplier of Apple Inc., said Monday it is aiming to agree this week on a bailout of more than ¥110 billion ($989 million) from a group of Chinese and Taiwanese companies and an investment fund backed by the Japanese government.

The company said it is negotiating a capital injection of ¥60 billion to ¥80 billion by the group, including China’s state-owned Silk Road Fund and Taiwan’s TPK Holding Co., through the issuance of new shares and bonds.

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