3D seeks injunction against activation of Toho Holdings' takeover defenses, raising questions over measures for activist shareholders

3D Investment Partners filed for a provisional injunction with the Tokyo District Court seeking to suspend activation of Toho Holdings' takeover defense measures. Attention is focused on the court's decision on the injunction.

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The story

Singapore-based investment fund 3D Investment Partners filed on the 13th with the Tokyo District Court for a provisional injunction seeking to suspend the takeover defense measures activated by pharmaceutical wholesaler Toho Holdings.

The application is reportedly being made by 3D Investment Partners.

At a glance

Acquisition target東邦ホールディングス

Measure takenFiled for a provisional injunction seeking to suspend activation of the takeover defense measures

Date initiated13th

Applicant3D Investment Partners

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