Towards Giving Up 'Activist Paradise': Strictening Shareholder Proposals and Revising Corporate Law
Japan is moving to tighten regulations on shareholder proposals to encourage constructive dialogue between companies and shareholders amidst a rise in activist shareholder influence.
Toyota Industries Raises TOB Price to 20,600 Yen, Activist Shareholders to Participate
Toyota Industries has increased its tender offer price for shares to 20,600 yen, aiming for privatization, with activist shareholders also indicating intent to participate.
Major Elevator Company Fujitec to Go Private in March - Decision Made at Extraordinary Shareholders' Meeting
Fujitec announced its decision to go private in March following a buyout by the Swedish investment firm EQT due to conflicts with activist shareholders.
Activist investor intervenes in the takeover of Warner Bros. Discovery
Ancora Holding, an investment firm, is rallying shareholders of Warner Bros. Discovery to reject Netflix's offer in favor of Paramount Skydance's proposal.
Kobayashi Pharmaceutical expresses opposition to proposals from activist shareholder Oasis, leading to proxy battle
Kobayashi Pharmaceutical has announced its opposition to all shareholder proposals put forth by its largest shareholder, Oasis Management, in a move that could lead to a proxy battle ahead of the company's March shareholder meeting.