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Thursday, April 5, 2012

Takeover News - Corporate Finance Report

The following corporate finance-related stories were reported by media on Thursday: * Japan's trade minister is set to visit Fukui prefecture, home of Kansai Electric Power Co's Ohi nuclear plant, as early as Sunday to ask for local approval to restart the plant's No.3 and No.4 reactors, the Yomiuri newspaper said on Thursday.* Japan's government plans to take a majority stake in Tokyo Electric Power Co (Tepco), with a 1 trillion yen ($12.16 billion) capital injection, in a deal that may see it gain more than two-thirds of the company's voting rights, the Nikkei reported.

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