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Sumitomo Mitsui, Goldman, Daiwa to form corporate revival firm

Sumitomo Mitsui, Goldman, Daiwa to form corporate revival firm

TOKYO, Japan - (From L to R) Masanori Mochida, president of Goldman Sachs Group Inc., Yoshifumi Nishikawa, president of Sumitomo Mitsui Financial Group Inc., and Masayasu Oi, president of Daiwa Securities SMBC Principal Investments Co., shake hands at a news conference in Tokyo on Oct. 8. Sumitomo Mitsui will set up a joint company with Goldman and Daiwa in November to help revive troubled companies.

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Sumitomo Mitsui, Goldman, Daiwa to form corporate revival firm

Sumitomo Mitsui, Goldman, Daiwa to form corporate revival firm

TOKYO, Japan - (From L to R) Masanori Mochida, president of Goldman Sachs Group Inc., Yoshifumi Nishikawa, president of Sumitomo Mitsui Financial Group Inc., and Masayasu Oi, president of Daiwa Securities SMBC Principal Investments Co., shake hands at a news conference in Tokyo on Oct. 8. Sumitomo Mitsui will set up a joint company with Goldman and Daiwa in November to help revive troubled companies. (Kyodo)

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