The plan to appeal to the highest court follows its request for an injunction defeated by two lower courts.
(Reporting by Makiko Yamazaki, writing by Ju-min Park; Editing by)
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5-day change | 1st Jan Change | ||
428 JPY | -3.17% | -2.28% | -11.20% |
2023 | Japan's Cosmo CEO says controversial vote tactics justified in activist defence | RE |
2023 | Japan's Cosmo CEO says controversial vote tactics justified in activist defence | RE |
TOKYO (Reuters) - Asia Development Capital will appeal to Japan's Supreme Court in its bid to stop Tokyo Kikai Seisakusho Ltd from issuing a poison pill strategy to discourage a hostile takeover, a lawyer for the fund told Reuters on Tuesday.
The plan to appeal to the highest court follows its request for an injunction defeated by two lower courts.
(Reporting by Makiko Yamazaki, writing by Ju-min Park; Editing by)
1st Jan change | Capi. | |
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-11.20% | 23.72M | |
-1.42% | 14.89B | |
+25.00% | 4.92B | |
-14.84% | 4.68B | |
+10.91% | 4.18B | |
-17.31% | 4.12B | |
+13.00% | 3.73B | |
+29.08% | 3.43B | |
+0.73% | 3.31B | |
-3.89% | 3.18B |