Harvard endowment fund sells Toshiba stake to Singapore investor 3D

Activist shareholders now own over 30% of Japanese group facing takeover proposal

20210408N Toshiba traffic light

Six of Toshiba's top 10 shareholders are now activist funds. (Photo by Takuya Imai)

Nikkei staff writers

TOKYO -- The Harvard University endowment fund, a major Toshiba shareholder, sold its shares in the company in March to a Singapore-based activist investor, according to people familiar with the transaction.

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