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Hedge fund Oasis wants 144-year-old Japanese firm to reinvent itself

It is urging Katakura, which has many businesses, to ditch those that don't meet certain profit targets

Thu, Mar 30, 2017 - 5:50 AM

Hong Kong

KATAKURA Industries Co, a Japanese company founded more than a century ago, is no stranger to reinvention. Once a silk producer, it has diversified into making underwear, manufacturing fire engines, operating shopping malls and even bee-keeping.

Now, activist hedge fund...

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