Activist investor Flashlight Capital Partners has urged Japan's Secom Co. to roughly double its interest in South Korea's S-1 Corp. and Taiwan Secom Co., Bloomberg Markets reported. The move follows the rejection of Flashlight's earlier bid to acquire a stake in S-1, and the investor has roped in a new party as part of the push.
Flashlight Capital Urges Japan's Secom to Roughly Double Stakes in S-1 and Taiwan Secom
The activist investor's earlier bid to acquire an S-1 stake was rejected, according to Bloomberg Markets.
