Fund backed by activist investor Murakami gains majority in Japan Asia Group

Fund backed by activist investor Murakami gains majority in Japan Asia Group

Japanese yen. Photo from Pixabay.com

A Japanese fund backed by veteran activist investor Yoshiaki Murakami will gain a majority in Japan Asia Group (JAG) as a result of a tender offer that closed on Friday, according to a filing by the energy and environmental services firm.

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