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Finance

Carlyle plans $2.3bn Japan fund on reorganization expectations

US private equity firm anticipates companies unloading noncore businesses

The Carlyle Group has invested billions of dollars in Japan since 2000.   © Reuters

TOKYO -- U.S. private equity firm Carlyle Group says it will soon set up a 258 billion yen ($2.31 billion) fund to invest in Japanese companies, the largest ever of its kind.

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