Tag - third-point

 
 

THIRD POINT

Japan Times
BUSINESS / Companies
Aug 19, 2020
U.S. activist fund sells most of its Sony stake
Third Point LLC was holding 675,000 shares in the Japanese electronics firm as of March 31.
Japan Times
BUSINESS / Companies
Oct 25, 2019
U.S. activist fund laments Sony's rejection of spinoff proposal for 'uncut rough stone' chip unit
U.S. activist hedge fund Third Point LLC expressed frustration Thursday over Sony Corp.'s decision to stick with the status quo and turn down a proposal to spin off its lucrative semiconductor business.
Japan Times
BUSINESS / Companies
Sep 18, 2019
Sony explains reasons for rejection of plan to spin off semiconductor business
Sony Corp. has clarified why it rejected a proposal by the U.S. hedge fund Third Point LLC that the electronics and entertainment giant spin off its semiconductor business.
Japan Times
BUSINESS / Companies
Jun 14, 2019
Activist investor Dan Loeb calls on Sony to spin off its semiconductor business
Activist investor Dan Loeb has disclosed a $1.5 billion stake in Sony Corp. and pushed the company to make dramatic changes, including spinning off its semiconductor business and listing it in Japan.
Japan Times
BUSINESS / Companies
Apr 9, 2019
Daniel Loeb's Third Point hedge fund building a stake to pressure Sony, sources say
Daniel Loeb's hedge fund Third Point LLC is building a stake in Sony Corp. to push for changes, the second time in six years it has targeted the electronics maker, according to sources familiar with the matter.
Japan Times
BUSINESS
Jun 26, 2017
Activist hedge fund Third Point buys $3.5 billion stake in Nestle, eyeing opportunities in Europe
Nestle SA is being targeted by activist investor Dan Loeb's hedge fund Third Point, which has built a stake of more than $3.5 billion in the world's biggest food company.
Japan Times
BUSINESS / Companies
Apr 15, 2016
Japan's Seven& I Holdings to promote Isaka to president
Seven & I Holdings Co. is poised to promote Ryuichi Isaka, head of its Seven-Eleven Japan Co. convenience store unit, to president of the holding company after activist investor Daniel Loeb intervened in an attempt to oust him, a person familiar with the matter said.
BUSINESS / Companies
Apr 6, 2016
Seven-Eleven Japan President Isaka to be replaced: sources
Retail giant Seven & I Holdings Co. is expected to replace the president of its convenience store arm Seven-Eleven Japan Co. despite good performance, informed sources said.
Japan Times
BUSINESS / Companies
Mar 28, 2016
Activist investor Loeb warns Seven & I on nepotism deciding CEO
Third Point LLC's billionaire founder Daniel Loeb has targeted Seven & I Holdings Co. for management succession planning criticism, warning the grocery and retail group against letting nepotism determine its next chief executive officer.
BUSINESS / Companies
Oct 31, 2015
Loeb's Third Point takes stake in Seven & i Holdings
Activist investor Daniel Loeb's Third Point LLC said it acquired a stake in Japan's second-largest grocery and retail group Seven & i Holdings Co. and proposed a spinoff of its supermarket unit.
Japan Times
BUSINESS / FOCUS
Aug 4, 2015
Loeb makes fourth foray in Japan, declares new activists' age
Billionaire Daniel Loeb is starting to make a habit of looking for bargains in Japan.
Japan Times
BUSINESS / Companies
Dec 12, 2014
Loeb's opponents cheered even as Sony tightened belt
When activist investor Daniel Loeb announced in October he'd sold his Sony Corp. stake, executives at the company's Culver City, California, studio lot expressed relief.
BUSINESS / Companies
Oct 22, 2014
Third Point sells Sony, takes new stakes in eBay, Alibaba
Third Point LLC, the hedge fund firm run by Daniel Loeb, sold its investment in Sony Corp. and bought stakes in eBay Inc. and Alibaba Group Holding Ltd. in the third quarter.
Japan Times
BUSINESS / Companies
May 19, 2014
Sony breakup 'long overdue,' analysts say
One year and about $2 billion in lost market value later, it may be time for Sony Corp. to take Daniel Loeb's advice about breaking up.
Japan Times
BUSINESS / Companies
Jul 30, 2013
Loeb presses Sony on IPO, blasts film flops
Sony Corp. investor Daniel Loeb, pressing the case for an initial public offering of the company's entertainment unit, has leveled new criticism at management of the company's film and television studio.
BUSINESS / Companies
Jun 19, 2013
U.S. hedge fund raises Sony stake
U.S. hedge fund Third Point LLC said it has increased its stake in Sony Corp. to around 7 percent, in an apparent attempt to exert more influence as it urges the electronics giant to spin off its lucrative entertainment business.
Japan Times
BUSINESS / Companies
May 23, 2013
Sony to mull selling stake in show biz
Sony Corp. said Wednesday that its board of directors will consider a proposal by a U.S. hedge fund to put on the stock market a minority stake in Sony's entertainment division, retracting an earlier statement that they won't be put up for sale.

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