{"id":8098,"date":"2008-07-14T00:00:00","date_gmt":"2008-07-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"british-hedge-fund-accepts-japan-order","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2008\/british-hedge-fund-accepts-japan-order.html","title":{"rendered":"British hedge fund accepts Japan order"},"content":{"rendered":"<p>MSN MoneyCentral- A British hedge fund said Monday it will accept the Japanese government&#8217;s rejection of its proposal to raise its stake in a major utility &mdash; although it added that it still doesn&#8217;t agree with the reasoning behind the order.<\/p>\n<p>The Children&#8217;s Investment Master Fund had proposed raising its stake in J-Power &mdash; Japan&#8217;s largest electricity wholesaler &mdash; to as much as 20 percent from 9.9 percent. The government rejected that proposal earlier this year, citing potential disruptions to public order.<\/p>\n<p>The fund has contested the decision as lacking transparency and including incorrect information and false premises.<\/p>\n<p>But it said the government was unlikely to change its mind. The fund will now instead focus on improving corporate governance at J-Power, it said in a statement.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/moneycentral.msn.com\/inc\/news\/providerredir.asp?feed=AP&#038;date=20080714&#038;id=8887182\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MSN MoneyCentral- A British hedge fund said Monday it will accept the Japanese government&#8217;s rejection of its proposal to raise its stake in a major utility &mdash; although it added that it still doesn&#8217;t agree with the reasoning behind the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1444,1443,218,68,606,334,426,371,553,341,343,369],"class_list":["post-8098","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bureaucrats","tag-chief-operating-officer","tag-citigroup","tag-cnet","tag-edhec","tag-gores-group","tag-government-approval","tag-interference","tag-ivey","tag-pullback","tag-spokeswoman","tag-standoff"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8098"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8098\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}