Oasis raises Nidec stake to 7.97%, plans further acquisitions

Verifying
  • Oasis Management raised its Nidec stake and outlined further governance and capital-policy proposals.
  • 7.97% is Oasis's new stake, up from 6.78%, representing approximately 95.06 million shares.
  • Oasis plans to seek more than 5% additional shares within three months under stated conditions.
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