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METI's dual roles risk skewing the auction for Toshiba

Japan Investment Corp. seems bound to win with official support

| Japan
A Toshiba building in Kawasaki. The auction dynamics are far from simple.   © Reuters

Stephen Givens is a corporate lawyer based in Tokyo.

Now that the list of bidders for Toshiba has been narrowed to four finalists, endgame scenarios have become clearer.

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