Showing posts with label Seibu Holdings Inc. Show all posts
Showing posts with label Seibu Holdings Inc. Show all posts

Monday, March 11, 2013

Cerberus seeks to tighten control over Japan's Seibu-sources

(Reuters) - Cerberus Capital Management LP will announce plans as early as Monday to raise its stake in Seibu Holdings Inc and install new directors to tighten its grip over the Japanese railway and property group, finance industry sources briefed on the plan said.