While ValueAct is still on Olympus’ board, it no longer holds significant interest, data collected by Bloomberg shows. The fund, which has more than $12 billion in assets under management, remains active in Japan. ValueAct won a board seat at a Japanese material maker JSR Corp. last June. and now urges Seven & i Holdings Co. to improve the company’s valuation by saying that “shareholder intervention may now be necessary”.
This post Onboard activist fund executives bolstered Olympus, CEO says
was original published at “https://www.bloombergquint.com/business/activist-fund-executives-on-board-bolstered-olympus-ceo-says”