Farallon Requests Toshiba Corporation Convene An Egm To Explain And Seek Shareholder Approval Regarding Significant Changes The Next Plan Relating Toa New One Trillion Yen Growth Investing Strategy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Farallon requests Toshiba Corporation Convene an EGM to Explain and Seek Shareholder Approval Regarding Significant Changes to the Toshiba Next Plan Relating to a New One Trillion Yen Growth Investing Strategy
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2020-12-24
SAN FRANCISCO, Dec. 25, 2020 /PRNewswire/ Today, an affiliate of Farallon Capital Management, L.L.C. ( Farallon ) requested Toshiba Corporation ( Toshiba or the Company )(6502.T) convene an extraordinary general meeting of shareholders ( EGM ) to seek shareholder approval regarding significant changes to the Toshiba Next Plan ( TNP ) relating to a new one trillion yen growth investing plan.
Farallon has continued constructive discussions with Toshiba as a major shareholder since 2017, including recommending the appointment of Mr. Raymond Zage, who previously served as CEO and Managing Director of Farallon Capital Asia, to the Toshiba Board of Directors.  Mr. Zage was appointed as a dir ....

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