Final Bidding Pushed Back for Takefuji Deal

The deadline for final bids in the sale of failed Japanese consumer lender Takefuji Corp. has been put on hold because of last week’s earthquake. The deadline, originally March 22, has been moved to March 31, Reuters said. Private equity firms Cerberus Capital Management and TPG, as well as Japanese lenders Tokyo Star Bank and J Trust Co., and Korea's A&P Financial have reportedly all advanced to the final round of bidding.

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