Last year, CVC Capital Partners made a surprising takeover offer that sparked new controversy, in part over concerns that the then CEO of Toshiba had a conflict of interest because he previously worked for CVC. The deal would later stall. Paul Singer’s hedge fund, Elliott Management Corp., became a “major investor” in Toshiba after the bid.
This post Hedge Fund Activists Fight Ancient Japan During Toshiba’s Crucial Voice was original published at “https://www.bloombergquint.com/business/hedge-fund-activists-battle-old-japan-in-toshiba-s-crucial-vote”