Japan’s Olympus to propose board seat for activist investor ValueAct
10 Jan Japan’s Olympus to propose board seat for activist investor ValueAct
Posted at 06:06h
in
News
by KMFSLLP
Japan’s Olympus Corp said
it would propose to give top shareholder U.S. hedge fund
ValueAct Capital a seat at its board, a rare move in the country
where activists are still viewed by companies as asset-strippers
to be resisted.
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