Friday, June 20, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
No Result
View All Result
News Wave
No Result
View All Result
Home World

UK activist fund Palliser takes stake in leading Japanese tyremaker

29 May 2025
in World
0 0
UK activist fund Palliser takes stake in leading Japanese tyremaker
Share on FacebookShare on Twitter


A UK-based activist fund, Palliser Capital, has acquired a 3% stake in Toyo Tire, aiming to enhance returns and advocate for a sale amid disruptions in the global auto sector. At the Sohn Conference, Palliser plans to propose a streamlined balance sheet and a special committee to explore strategic options, including potential privatization, while pushing for $900 million in shareholder returns. Despite Mitsubishi Corporation’s significant stake and conservative financial guidance stemming from a past scandal, Toyo’s strong market presence in the premium tyre sector positions it favorably for growth.

Full Article

Loading spinner
Tags: activistfundJapaneseleadingPalliserstaketakestyremaker
Previous Post

EU to launch age-check app as pressure builds on Big Tech

Next Post

New metro cuts through Saudi social divisions

Related Posts

Suspect arrested in alleged antisemitic road rage incident involving Rep. Max Miller
USA

Suspect arrested in alleged antisemitic road rage incident involving Rep. Max Miller

by My News Wave
20 June 2025
0

A suspect in a road rage incident involving Ohio Rep. Max Miller has turned himself in after Miller reported being threatened and run off the road by a man waving a Palestinian flag. The suspect, Feras Hamdan, faces charges including aggravated menacing, with the incident highlighting rising political violence amid recent threats against lawmakers. Need More Context? 🔎

Read more
Motorway mayhem: ‘Long queues’ after crash on Auckland’s Southern Motorway
New Zealand

Motorway mayhem: ‘Long queues’ after crash on Auckland’s Southern Motorway

by My News Wave
20 June 2025
0

A serious crash involving four cars on Auckland's Southern Motorway near the Highbrook offramp has caused significant traffic delays for northbound motorists. The collision occurred around 2:25 PM, resulting in two injuries—one moderate and one serious—as police urge drivers to be patient amid long queues at the scene. Need More Context? 🔎

Read more
More than 200 gunmen on motorbikes storm army base in Banibangou
Africa

More than 200 gunmen on motorbikes storm army base in Banibangou

by My News Wave
20 June 2025
0

More than 200 gunmen attacked a Niger army base in Banibangou, resulting in at least 34 soldiers killed and 14 injured, according to the defense ministry. The junta, which has expelled Western forces and sought alliances with Russia and Turkey for security, is under scrutiny for its inability to combat ongoing jihadist violence in the region. Need More Context? 🔎

Read more
Bayern beat Boca to seal Club World Cup last 16 spot | Football News
World

Bayern beat Boca to seal Club World Cup last 16 spot | Football News

by My News Wave
20 June 2025
0

German giants Bayern Munich beat Argentina’s Boca Juniors 2-1 to seal progress at FIFA Club World Cup.Bayern Munich secured a 2-1 victory over Boca Juniors in Miami, thanks to Michael Olise's 84th-minute goal, ensuring their advancement in the Club World Cup. After Harry Kane’s first-half opener and Boca's equalizer from Miguel Merentiel, Olise sealed the win, leaving Boca needing a significant victory in their next match to advance. Need More Context? 🔎

Read more
Former West Coast coach Adam Simpson says retired Eagles star defender Jeremy McGovern is a ‘modern day great’
Australia

Former West Coast coach Adam Simpson says retired Eagles star defender Jeremy McGovern is a ‘modern day great’

by My News Wave
20 June 2025
0

Former West Coast coach Adam Simpson hailed Jeremy McGovern as a “modern day great” following his medical retirement due to concussion issues after 197 games. A pivotal player in the Eagles' success, McGovern was a five-time All-Australian and instrumental in their 2018 premiership, with Simpson noting his significant contributions both on and off the field. Need More Context? 🔎

Read more
As Iran courts Europe, can diplomatic blitz help avert Trump strikes?
Middle East

As Iran courts Europe, can diplomatic blitz help avert Trump strikes?

by My News Wave
20 June 2025
0

As the Israel-Iran war reached its second week, Tehran intensified its diplomatic efforts to prevent U.S. involvement and secure a ceasefire, as the ongoing conflict severely diminished its defensive capabilities. The situation underscores the escalating tensions and the urgent need for resolution amid mounting pressures on Iran. Explain It To Me Like I'm 5: Iran is trying really hard to talk to the U.S. so they won't join the fight with Israel, and they just...

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Suspect arrested in alleged antisemitic road rage incident involving Rep. Max Miller
  • Brewers pitcher Jacob Misiorowski's gets standing ovation at Target Field, social media in awe after phenom stars again in second MLB start
  • Motorway mayhem: ‘Long queues’ after crash on Auckland’s Southern Motorway
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In