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Japan Post Holdings, Rakuten to form capital alliance -NHK

TOKYO, March 12 (Reuters) - Japan Post Holdings Co and mobile phone operator Rakuten Inc have decided to form a capital alliance, public broadcaster NHK said on Friday.

The report drove shares in Rakuten up 7% and Japan Post up 2% in early afternoon trade in Tokyo. (Reporting by Chang-Ran Kim; Editing by Clarence Fernandez)

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