Japan's Sharp Corp and its main banks are set to agree on Thursday to a $1.7 billion rescue and restructuring plan that will likely include a promise to split off its ailing smartphone display business, a person involved in the discussions said.
Mizuho Financial Group Inc
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Mizuho Financial Group Inc were said to be focusing on hedge funds as its potential buyers of corporate bonds at the height of the securities trading at below face values, Bloomberg said in its report.
Cool Japan Fund is looking to invest in TV channels and retail properties in the US and Southeast Asia to promote the country's culture. Cool Japan is backed by the government as well as Japanese companies and is led by a former Carlyle Group executive.
