Activist investor Oasis Management has called on Japanese cosmetics firm Kao to enhance its marketing and streamline operations, revealing ownership of over 3% stake. Oasis believes Kao's stock has the potential to surge by more than 70%.
Buffett-backed Japan trading houses rise on high shareholder returns https://t.co/bVREHBPItl
Investor Oasis urges Japan's Kao to reduce brands https://t.co/jiCm1xx09H via @NikkeiAsia $4452.JT #Japan #ABetterKao #CorpGov #ShareholderEngagement
Hong Kong-based activist investor Oasis Management has revealed that it owns over 3% of Japan's Kao, days after claiming the cosmetics and skincare firm could boost its share price by 76% by streamlining and focusing on overseas marketing. https://t.co/zLNBzxpFF0
Oasis reveals 3% Kao stake in battle for change at Japan cosmetics firm @Reuters $4452.JT #Japan #ABetterKao #CorpGov #ShareholderEngagement https://t.co/kk2NC0zDry
Activist Oasis says it owns over 3% of Japanese cosmetics firm Kao https://t.co/US3hlqtt32 https://t.co/qnEcPAEQ4A
Shares in Japanese cosmetics and household products-maker Kao have risen after activist investor Oasis Management called on the firm to improve its business, saying the stock has the potential to rise by more than 70% from recent levels. https://t.co/G9874bFFBE
Activist Oasis calls on Japanese cosmetics firm Kao to improve marketing https://t.co/xcIgF73aTj via @Reuters #HedgeFunds #ActivistInvestor