
TOKYO -- Industrial equipment maker Toshiba Machine said Friday that it has received notice that shareholders with ties to activist investor Yoshiaki Murakami will launch a bid to enlarge their nearly 11.5% stake.
Tokyo-headquartered Office Support told Toshiba Machine on Thursday that it would begin a tender offer for the manufacturer's shares this coming Tuesday, without disclosing how many shares it sought to buy or at what price, according to the statement.