Friday, May 31, 2019

Japan Display gets debt relief, says consortium to formalise bailout

The consortium, which includes Taiwanese flat screen maker TPK Holding Co Ltd and Chinese investment firm Harvest Group, will replace Japanese government-backed fund INCJ as Japan Display's biggest shareholder with a 49.8% stake. http://bit.ly/2JOPQBx

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...