Elliott敦促丰田工业股东拒绝18 800日元买断报价, 称其价值过低,
Activist investor Elliott urges Toyota Industries shareholders to reject an $18,800 yen buyout offer, calling it undervalued and pushing for a higher price near market value.
激进投资者Elliott Management敦促丰田工业股东拒绝其每股18,800日元的收购报价,改以接近市场价的价格上涨,并指出该股真实价值超过26,000日元。
Activist investor Elliott Management is urging shareholders of Toyota Industries to reject its $18,800 yen per share buyout offer, proposing instead a higher price near market value, citing the stock’s true worth at over 26,000 yen.
美国对冲基金拥有大约7%的公司,它针对的是支持这项交易的机构投资者和供应商,这需要三分之二的股东批准,而且目前缺乏足够的支持。
The U.S. hedge fund, holding about 7% of the company, is targeting institutional investors and suppliers backing the deal, which requires two-thirds shareholder approval and currently lacks sufficient support.
由于参与程度低,丰田将其投标提议延长到3月2日,但保持其价格反映了内在价值。
Toyota extended its tender offer to March 2 due to weak participation, but maintains its price reflects intrinsic value.
其结果被视为对日本公司治理改革的关键考验,监管者的目的是结束交叉持股和提高资本效率。
The outcome is seen as a pivotal test for corporate governance reforms in Japan, where regulators aim to end cross-shareholding and improve capital efficiency.