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(AFX UK Focus) 2010-02-18 06:30 Japan’s Willcom says has filed for bankruptcy
TOKYO, Feb 18 (Reuters) – Japanese mobile communications provider Willcom Inc said it has filed for bankruptcy with 206 billion yen ($2.3 billion) in debts, a move that is expected to wipe out the majority stake of U.S. buyout firm Carlyle. Willcom also said it has asked a state-backed fund, the Enterprise Turnaround Initiative Corp of Japan, to provide it with financial aid. Willcom, Japan’s …
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