Toshiba’s No. 2 shareholder calls for review of strategic alternatives By Reuters

© Reuters. FILE PHOTO: The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan

TOKYO (Reuters) – 3D Investment Partners, the second-largest shareholder in Toshiba (OTC:) Corp, has called on the Japanese industrial conglomerate to conduct a formal review of strategic alternatives.

“We are very concerned, based on media reports and Toshiba’s own press releases, that Toshiba may not be serving the interests of the corporation and has been actively discouraging takeover proposals,” 3D said in a letter sent to Toshiba’s board.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button