Japan's Jafco launches buybacks to thwart activist threat
Japanese venture capital firm Jafco has announced a JPY 42bn (USD 305m) share buyback programme that will take out positions held by investors with ties to activist investor Yoshiaki Murakami.
Jafco outlined the plan in a presentation that also pledged to reduce the percentage balance sheet commitment to new funds, improve capital efficiency, and promote growth strategies by enhancing investment...
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