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Comment: Activists turn heat on Japan Inc. as alliance with institutional investors emerges

By Sachiko Sakamaki ( February 21, 2018, 03:18 GMT | Comment) -- Toshiba's plan to sell its memory-chip business to an international consortium has drawn attention to the re-emergence of an unlikely but potentially disruptive force in Japan's corporate landscape — activist investors. They are calling on the Japanese electronics giant to scrap the deal, and in doing so are underscoring how, amid increasing calls for better corporate governance, a new generation of activists are beginning to forge alliances with institutional investors to push for change in Japan's insular business culture.N.B. This article was prepared for an upcoming MLex news service covering activist investments. To express interest in a trial, contact customerservices@mlex.com....

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