Oasis urges Nidec to seek a buyout and warns of delisting risk

🇯🇵 The Japan Times (JP) —

AI Summary

Investor Oasis has urged Japanese electric motor maker Nidec to pursue a buyout and warned that the company faces delisting risk. Nidec is under scrutiny after investigations found widespread accounting and quality-control fraud.

The Japanese electric motor maker has been mired in turmoil after probes uncovered widespread fraud in its accounting and quality control.

Markets Deals Nidec Oasis buyout delisting risk accounting fraud quality control

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