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Monday, October 30, 2017

Scandal-hit Kobe Steel seeks loans, shareholder offers support

  Mian Adeel Soomro       Monday, October 30, 2017
TOKYO (Reuters) - Kobe Steel Ltd is seeking 50 billion yen ($440 million) in loans from banks, a banking source said on Monday, while a shareholder said it was ready to offer support as the company grapples with a scandal over falsified product specifications.


from Reuters: Business News http://ift.tt/2z4zH57
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