Market News / Story
Oasis Management Company Ltd. Urges Nidec to Review Privatization Options
·
Oasis urged Nidec’s outside directors to begin a preliminary review of privatization options after Nidec received a disclaimer of opinion from its auditor and faces delisting risk if it cannot secure an unqualified opinion. Material Details #DetailAI Analyst View1Activist urges privatization reviewSignals potential take-private interest that could set a price floor or trigger a sale process.2Nidec audit disclaimer filed Sept 30Heightens delisting risk if issues persist,…