• Bloomberg


Children’s Investment Fund Management Ltd. is confident that Japan will allow it to double its stake in Electric Power Development Co., said John Ho, Asia chief of the U.K.-based activist fund.

The $10 billion fund, also known as TCI, filed a request Jan. 15 to increase its holding to 20 percent of the utility, known as J-Power. Foreign investors need government clearance to buy more than 10 percent of strategic assets, including power plants, arms manufacturers and aerospace companies. The 30-day government review period was extended to mid-May.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.