Hedge Fund Oasis Says CVC Buyout Offer for Toshiba Too Low
- Hedge fund calls for open, fair process for potential bidders
- Toshiba fair value is more than 6,200 yen a share, Oasis says
Toshiba Corp. headquarters in Tokyo on April 7.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
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Oasis Management Co. said CVC Capital Partners’ buyout proposal for Toshiba Corp. is too cheap, sending shares of the Japanese conglomerate higher.