TOKYO -- A fund linked to prominent activist investor Yoshiaki Murakami on Tuesday announced a takeover bid for Toshiba Machine, looking to spend up to 25.9 billion yen ($235.4 million) to acquire 44% of outstanding shares.
Business deals
Fund tied to activist Murakami starts Toshiba Machine takeover bid
Group to spend up to $235m to acquire 44% of outstanding shares
