Japanese VC JAFCO agrees to $301m share buyback yielding to activist shareholders

Japanese VC JAFCO agrees to $301m share buyback yielding to activist shareholders

REUTERS/Yuriko Nakao

Japan’s top venture capital firm JAFCO Group Co Ltd said on Friday it would buy back shares worth 42 billion yen ($301 million) through a tender offer, yielding to demands from a group of shareholders backed by a prominent activist investor.

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