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Name | Symbol | Market | Type |
---|---|---|---|
Seven and I Holdings Company Ltd (PK) | USOTC:SVNDY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.13 | -1.00% | 12.82 | 12.54 | 13.09 | 12.88 | 12.50 | 12.50 | 125,109 | 21:01:04 |
--ValueAct Capital told Seven & I Holdings Co. that it will lobby to remove four directors from the Japanese retailer's board, Reuters reports, citing a letter to the company from the activist investor.
--ValueAct Capital in the letter said it had become frustrated that its engagement with the Japanese company hadn't led to the adoption of a strategy to grow faster and improve profitability, according to Reuters.
--The letter didn't say how ValueAct will seek to oust the four directors, whom it didn't identify, Reuters reports.
Full story: https://reut.rs/3lAinzx
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
March 23, 2023 22:53 ET (02:53 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Seven and I (PK) Chart |
1 Month Seven and I (PK) Chart |
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