Opposition grows to Toshiba's break-up; top shareholder, proxy firms speak out

Opposition grows to Toshiba's break-up; top shareholder, proxy firms speak out

Pedestrians walk past a logo of Toshiba Corp outside an electronics retailer in Tokyo September 14, 2015. REUTERS/Toru Hanai/Files

The top shareholder in Toshiba Corp and two influential proxy advisory firms joined a growing list of investors on Thursday who oppose the Japanese firm’s plan to split up and dismantle the 146-year-old conglomerate.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter