UPDATE 1-Japan's Daiei attracts interest as reform looms

Newswire

(Recasts) By Edwina Gibbs and Emi Emoto TOKYO, Aug 17 (Reuters) - Deeply in debt and with two bail-outs already to its name, struggling Japanese retailer Daiei Inc. again has its back against a wall, but with serious reform in prospect, it is now attracting heavy investor interest. Media reports on Tuesday said U.S. turnaround fund Ripplewood Holdings LLC was considering throwing its hat in the ring, while trading group Marubeni Corp. , a Daiei shareholder, said it also might consider ...

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