Japan's Shinsei Bank poison pill defence backed by proxy advisory firm - NewsBreak
By Olachi in Business
Updated 2 years ago
TOKYO, Nov 5 (Reuters) - U.S. proxy advisory firm Glass Lewis & Co on Friday recommended shareholders of Japan's Shinsei Bank Ltd (8303.T) vote for the lender's plan for a poison pill defence against an unsolicited $1.1 billion bid from SBI Holdings Inc (8473.T). Mid-sized bank Shinsei opposed SBI's approach...
