Wires

Nikkei slips to more than 2-mth closing low, led by Softbank

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TOKYO, Oct 12 (Reuters) - Japan's Nikkei share averageslipped to its lowest close in more than two months for thesecond day in a row on Friday, with Softbank Corp

tumbling 17 percent after it said it was in talks to invest inU.S. firm Sprint Nextel

.

But losses were capped by gains in exporters gained as newsof the potentially huge deal helped weaken the yen.

The Nikkei

eased 0.2 percent to 8,534.12, losingground for a fifth straight session, and was down 3.7 percentfor the week, its biggest weekly fall since May as well as afourth straight week of losses.

The broader Topix

advanced 0.6 percent to 718.32.

(Reporting by Dominic Lau; Editing by Edwina Gibbs)

((dominic.lau@thomsonreuters.com)(+81 3 6441 1917)(ReutersMessaging:)(dominic.lau.thomsonreuters.com@reuters.net))

Keywords: MARKETS JAPAN STOCKS/