Hong Kong Fund Urges Embattled Nidec to Consider Going Private
Kyoto, Oct. 8 (Jiji Press)--Hong Kong-based investment fund Oasis Management has urged scandal-hit Japanese motor manufacturer Nidec Corp. to consider going private. In a statement released Wednesday, Oasis said that Nidec's board of directors "must confront the risk of an unintended delisting" and urged the company, based in the city of Kyoto, western Japan, to "develop concrete options" to...