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US hedge fund Farallon seeks Toshiba extraordinary shareholders meeting

US hedge fund Farallon seeks Toshiba extraordinary shareholders meeting

FILE PHOTO: The logo of Toshiba is seen as a shareholder arrives at Toshiba's extraordinary shareholders meeting in Chiba, Japan March 30, 2017. REUTERS/Toru Hanai

TOKYO: US hedge fund Farallon Capital Management said on Friday (Dec 25) it has asked Toshiba Corp to convene an extraordinary shareholders meeting over the Japanese industrial conglomerate's investment plans.

Farallon, which owns a stake of more than 5 per cent in Toshiba, joins top shareholder Effissimo Capital Management in calling for an emergency meeting.

Source: Reuters

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