U.S. investor Farallon Capital takes 6.59% stake in Japan's Fujitec

Fund may push for significant reforms at embattled elevator maker

20241004N Fujitec

Japanese elevator maker Fujitech has been pushed by large shareholder Oasis Management to make major reforms. (Photo by Kaisuke Ota)

Nikkei staff writers

TOKYO -- U.S.-based Farallon Capital Management has acquired 6.59% of Japanese elevator maker Fujitec's shares, it was revealed on Friday, with the asset management firm disclosing that the purpose includes possibly making major proposals.

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