Tag Archives: standoff
J-Power Wins Shareholder Vote on Payout, Defeats TCI
Bloomberg- J-Power shareholders defeated a proposal by U.K. hedge fund TCI for the company to double its dividend, ending a monthlong proxy battle and sending the stock to its biggest decline since February. Shareholders of Electric Power Development Co., the […]
TCI buys shares in Mizuho, Kajima in J-Power fight
Reuters- British investor The Children’s Investment Fund (TCI) said it had bought stakes in Mizuho Financial Group, Kajima Corp, and about eight other shareholders in J-Power, in order to raise pressure on the electricity wholesaler. Mizuho, Japan’s second-largest bank, and […]