Japan’s Toshiba brings in MA adviser and activists in board overhaul
TOKYO — Toshiba Corp nominated an executive from MA advisory firm Houlihan Lokey as chairperson and activist shareholders as outside directors on Thursday, in a board overhaul that could intensify pressure to take the conglomerate private. Toshiba nominated Akihiro Watanabe, the founder of MA advisory firm GCA Corp, which was recently bought by Houlihan Lokey. […]
Japan’s Toshiba brings in MA adviser and activists in board overhaul
TOKYO — Toshiba Corp nominated an executive from MA advisory firm Houlihan Lokey as chairperson and activist shareholders as outside directors on Thursday, in a board overhaul that could intensify pressure to take the conglomerate private. Toshiba nominated Akihiro Watanabe, the founder of MA advisory firm GCA Corp, which was recently bought by Houlihan Lokey. […]