Gov't forgives part of Sogo's 200 bil. yen debts

Gov't forgives part of Sogo's 200 bil. yen debts

TOKYO, Japan - (From L to R) Vice President Tadashi Natori and President Kyoichi Yamada of Sogo Co. bow their heads at a news conference June 30 after the state-run Deposit Insurance Corp. (DIC) announced it will purchase and forgive part of 200 billion yen in loans to the ailing department store operator.

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  • ILEA001081115
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