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Finance

Boon or bane? Overseas activist investors gather for Toshiba's capital increase

Only time will tell if inviting so many aggressive funds will pay off for the troubled giant

President Satoshi Tsunakawa and other Toshiba executives hold the key as to whether involving so many activist investors in its capital increase will pan out.

TOKYO -- Overseas investors are readying to take part in Toshiba's 600 billion yen ($5.35 billion) share offering as the Japanese conglomerate attempts to claw its way out of negative net worth.

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