Future Tech
Norway backs shareholder call for Toshiba to solicit buyout offers
TOKYO - Norway's sovereign wealth fund, Norges Bank Investment Management, voted in favour of a shareholder proposal requesting Toshiba Corp solicit buyout offers from private equity firms, according to a voting record.
Norges, the world's largest sovereign wealth fund, voted against the Japanese conglomerate's plan to break itself up by spinning off its devices business.
- Reuters
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