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World Business Quick Take - Taipei Times

MULTINATIONALS <strong>Toshiba to consult investors</strong> Toshiba Corp has scheduled an extraordinary shareholder meeting next month to gain feedback from investors on its revised separation plan, setting the stage for a showdown with activist stockholders who might oppose the Japanese conglomerate’s restructuring proposal. The meeting is scheduled for March 24, the Tokyo-based company said in a statement yesterday. A vote on the plan to split would not be legally binding, it said. Toshiba announced last week that it would divide into two companies, scrapping an initial three-way split that faced fierce criticism from activist shareholders. INSURANCE <strong>India to sell LIC stake</strong> India plans to sell

Media Bites 16 Aug: Morrisons, Pret A Manger, Asda

The American private equity firm that first put Wm Morrison in play is gearing up to trump a rival £6.7 billion offer for the British supermarket chain this week and to persuade its target’s board to change its recommendation. (The Times £)

EUROPEAN MIDDAY BRIEFING: Stocks Rebound After -2-

EUROPEAN MIDDAY BRIEFING: Stocks Rebound After -2-
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