Tag - s3-partners

 
 

S3 PARTNERS

Japan Times
BUSINESS
Dec 10, 2022
Toshiba's preferred bidder moving closer to securing financing for buyout
Concrete restructuring steps proposed by Japan Industrial Partners have made a group of lenders more confident in JIP's post-acquisition plans.
Japan Times
BUSINESS / Companies
Dec 4, 2022
Fuji Soft proxy fight the latest test of Japan Inc. board independence
Governance experts say outside directors are only nominally independent if they have close ties to management or fail to give proper oversight.
Japan Times
BUSINESS / Companies
Dec 2, 2022
Activist fund that took on Toshiba targets $2 billion Japan firm
Singapore-based 3D Investment Partners is seeking to appoint four outside board members at Fuji Soft, a Tokyo-listed software firm.
Japan Times
BUSINESS / Companies
Nov 26, 2022
JIP to launch Toshiba tender offer by end of March
JIP, which holds preferential negotiating rights for the firm, plans to procure more than u00a52.2 trillion by securing investments from over 10 companies and bank loans.
Japan Times
BUSINESS
Nov 4, 2022
Toshiba’s preferred bidder may miss finance deadline
Four banks that were considering whether to issue commitment letters for loans to the consortium led by Japan Industrial Partners have decided not to proceed before the cutoff date.
Japan Times
BUSINESS / Companies
Oct 24, 2022
Toshiba valued at ¥2.4 trillion by JIP in takeover bid, sources say
A bid at u00a52.4 trillion would be worth about u00a55,541 per share, similar to Toshiba's closing price of u00a55,391 per share on Monday in Tokyo.
Japan Times
BUSINESS / Companies
Jan 6, 2022
Toshiba’s No. 2 shareholder steps up fight over breakup plan
Singapore-based 3D Investment Partners is requesting a vote on Toshiba's proposed split, which must be supported by at least two-thirds of stockholders.
Japan Times
BUSINESS / Companies
Dec 21, 2021
Artisan’s $9 billion manager eyes backing Toshiba plan to split
Artisan Partners, one of the biggest U.S. investors in Toshiba Corp., generally supports the conglomerate's plan to separate into three companies.
Japan Times
BUSINESS / Companies
Jun 13, 2021
Toshiba's No. 2 shareholder calls for resignation of board chair and three directors
The demand comes after an investigation found the company had colluded with the government to pressure foreign investors.
Japan Times
BUSINESS / Companies
May 17, 2021
Toshiba opens strategic review, giving $1.4 billion to investors
The move comes after weeks of takeover discussions sparked by private equity firm CVC Capital Partners' $21 billion acquisition bid.
Japan Times
BUSINESS / Companies
Apr 26, 2021
Toshiba investor 3D calls for strategic review after CVC bid
The investment firm said it was disappointed Toshiba's chairman didn't respond to a previous request to run a review.
BUSINESS / Companies
Apr 14, 2021
Toshiba CEO's exit raises doubts over buyout offers
The decision came as factions within the firm mounted resistance to a preliminary buyout offer from CVC Capital Partners — where outgoing chief Nobuaki Kurumatani previously worked.
Japan Times
BUSINESS / Companies
Apr 7, 2021
Toshiba shares surge on possible buyout by CVC Capital
The bid comes as Toshiba faces scrutiny from activists following a series of scandals, including a record fine for faulty accounting and billions of dollars in writedowns.
Japan Times
BUSINESS / Companies
Jan 22, 2021
Shiseido in talks to sell personal-care business to CVC
The firm has been revamping its portfolio as the coronavirus pandemic has changed cosmetic and personal care routines, dealing a blow to beauty companies.
Japan Times
BUSINESS / Companies
Aug 14, 2020
Toshiba shareholder 3D Investment wants independent probe into AGM vote
A major investor in Toshiba Corp. has called for a third-party investigation into the conglomerate's annual shareholders meeting, saying its vote was not fully recognized in a potential breach of governance.
Japan Times
BUSINESS
Feb 21, 2020
L Brands to sell majority stake in Victoria's Secret; CEO to step down
L Brands Inc. said Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion (¥123 billion), as it focuses on its core Bath & Body Works brand.
Japan Times
BUSINESS
Jan 16, 2020
Tesla once again most shorted American stock
Tesla Inc. bears won't let anyone steal the title for the most-shorted stock. Not even Apple Inc.

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