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Home > MMC to get Y450 bln aid, shut Japan plant - sources

MMC to get Y450 bln aid, shut Japan plant - sources

Newswire

By Takaya Yamaguchi

TOKYO, May 17 (Reuters) - Cash-strapped auto maker Mitsubishi Motors Corp is in final talks with the Mitsubishi group to receive 450 billion yen ($3.93 billion) in aid, including a capital boost and debt-equity swap, sources familiar with the talks said.

Mitsubishi Motors needs cash ...

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