FILE PHOTO: Toshiba logos are pictured at Toshiba Corp’s annual general meeting with its shareholders in Tokyo, Japan, June 25, 2021. REUTERS/Kim Kyung-Hoon/File Photo
March 19, 2022
TOKYO (Reuters) – 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.
(Reporting by Makiko Yamazaki; Editing by David Clarke)
Source: One America News Network