TOKYO, March 4 (Reuters) - BlackRock Inc has built a 5.21% stake in Toshiba Corp , according to a regulatory filing by the U.S. asset manager.
It becomes Toshiba's third-largest shareholder behind hedge funds Effissimo Capital Management and Farallon Capital Management, a source familiar with the matter said.
The Japanese industrial conglomerate is embroiled in a long-running row with activist shareholders.
(Reporting by Makiko Yamazaki; editing by John Stonestreet)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments