You are here

Toshiba loses access to unit's cash after hedge fund sues

Saturday, April 15, 2017 - 05:50

toshiba.jpg
Toshiba Corp lost access to one of its subsidiary's funds after hedge fund Oasis Management went to court to get the unit to take back its cash from the struggling conglomerate.

Tokyo

TOSHIBA Corp lost access to one of its subsidiary's funds after hedge fund Oasis Management went to court to get the unit to take back its cash from the struggling conglomerate.

Toshiba Plant Systems & Services Corp, which had 87.8 billion yen (S$1.1 billion) parked at

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom