Toshiba's No.2 shareholder asks company to openly seek suitors

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By Faria in Business
Updated 3 years ago

Toshiba Corp's (6502.T) second-biggest shareholder called on the Japanese conglomerate to conduct a strategic review and explicitly solicit suitors, criticising the company's comments on wanting to remain listed as deterring potential acquirers. "We call upon the board to openly welcome interest from suitors who could enhance corporate value and ask...

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