News Briefs 20-03-20222
Sunday, 20 March 2022
Sajida Foundation to buy Renata shares
Sajida Foundation, one of the corporate directors of Renata Ltd, expressed its intention to buy 22,000 shares of the company at prevailing market price (in the public market) through Dhaka Stock Exchange Limited within next 27 working days, as per Rule-4 of the BSEC (Substantial Acquisition of shares and Takeovers), Rules, 2018.
— DSE Online
Norway backs shareholder call for Toshiba to solicit buyout offers
TOKYO, Mar 19: Norway's sovereign wealth fund, Norges Bank Investment Management, voted in favor of a shareholder proposal requesting Toshiba Corp solicit buyout offers from private equity firms, according to a voting record. Norges, the world's largest sovereign wealth fund, voted against the Japanese conglomerate's plan to break itself up by spinning off its devices business.
— Reuters