A former Japanese govt adviser said he didn't put pressure on Harvard University's endowment fund to influence its voting at Toshiba's contested shareholder meeting last year
Toshiba is in the spotlight after an independent investigation last week alleged that management colluded with Japan's trade ministry to block foreign investors from gaining board influence
The comment from Osamu Nagayama, chairman of Toshiba's board, comes after a shareholder-commissioned investigation revealed company colluded with Japanese government to "beat up" foreign shareholders
Japan's trade minister said he never directed an adviser to contact Toshiba shareholders after a report accused his ministry of colluding with firm executives to pressure stockholders to fall in line
Toshiba was found "to have devised a plan to effectively prevent shareholders from exercising their shareholder proposal right and voting rights"
Toshiba Corp's 6502.T board is set to appoint UBS UBSG.S as financial adviser to work on a strategic review for the Japanese conglomerate as it faces a possible private equity bidding war, said source
The comments are from 3D Investment Partners, which owns a 7.2% stake in Toshiba
CVC's proposal had sparked a strong backlash from Toshiba managers
Toshiba has been hit by a succession of accounting and other scandals
Toshiba Chairman Satoshi Tsunakawa will become chief executive, the company said in a statement.
Toshiba said on Wednesday that Kurumatani was stepping down. It said he was doing so to "recharge" and after achieving his plan to revive the conglomerate
Shares in Japan's Toshiba Corp surged on Wednesday, propelled higher by reports of more plans of bids for the conglomerate and expectations that its embattled chief executive would soon resign
U.S. hedge fund Farallon Capital Management has also asked Toshiba to seek multiple offers, but Oasis is the first to present what it considers a fair price.
Toshiba is one of Japan's oldest and largest firms whose business empire stretches from home electronics to nuclear power stations
Toshiba is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private as the Japanese conglomerate faces pressure from activist shareholders to improve governance
Toshiba shareholders voted in favour of an independent investigation into allegations that investors were pressured ahead of last year's AGM- a victory expected to spur more shareholder activism
CalPERS and Norges Bank Investment Management (NBIM) voted in favour of a proposal by a top Toshiba Corp shareholder for an independent probe into the Japanese conglomerate
Marking a significant step in its offline retail strategy in India, Toshiba, the leading brand in home appliances announced its first-ever Toshiba Lifestyle Centre in India
Operating profit for the second quarter ended September came to 15.75 billion yen ($149.84 million), down from 44.23 billion yen in the same period a year prior
Toshiba Infrastructure on Thursday said its arm TWS has won a water treatment plant contract from the Bangalore Water Supply and Sewerage Board jointly with Suez S.A. France subsidiary