On Friday, U.S. hedge fund Farallon Capital Management stated it has asked Toshiba Corp to convene an Extraordinary General Meeting (EGM) over its investment strategy. This is the second such call for an EGM in a week by major Toshiba… Read More ›
extraordinary general meeting
London Stock Exchange’s CEO quits job under duress
Chris Hohn, a top investor at LSE, has in a letter to LSE’s chairman, Donald Brydon, demanded that Xavier Rolet be allowed to speak publicly on the reasons for his departure. On Wednesday, Chris Hohn, a top investor in the… Read More ›
Toshiba Corp taking steps to mitigate the eventuality of delay in clearance of its divestment in its NAND memory business
A delay could trigger its delisting from the Tokyo Stock Exchange. On Tuesday, Toshiba Corp’s Chief Executive disclosed that the conglomerate is looking at various scenarios, including its inability to complete the $18 billion sale of its prized NAND memory… Read More ›
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