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More foreign pension funds oppose Toyota 'Model AA' shares

2015-06-15 16:54:53| Automakers - Topix.net

Three foreign funds on Monday said they would oppose Toyota Motor Corp's proposal to issue a new class of shares, joining an influential California pension fund in objecting to a sale that critics say favors Japanese retail investors. People walk under a logo of Toyota Motor Corp at the company's showroom in Tokyo, Japan, May 8, 2015.

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