https://www.oann.com/norway-backs-shareholder-call-for-toshiba-to-solicit-buyout-offers/?utm_source=rss&utm_medium=rss&utm_campaign=norway-backs-shareholder-call-for-toshiba-to-solicit-buyout-offers

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)

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