Norway backs shareholder call for Toshiba to solicit buyout offers -Breaking
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© Reuters. FILEPHOTO: Toshiba Corp. logos are displayed at the annual general meeting of its shareholders held in Tokyo, Japan. June 25, 2021. REUTERS/Kim Kyung-Hoon/File PhotoTOKYO (Reuters) – According to a voting history, Norges Bank Investment Management voted in favor of a shareholder request requesting Toshiba (OTC) Corp solicit buyout proposals from private equity companies.
Norges, the largest sovereign wealth fund in the world, opposed the Japanese conglomerate’s plans to split itself by selling its devices business.
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