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Japan to ask TCI not to boost J-Power stake -source

Tue Apr 15, 2008 11:42pm EDT
 
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TOKYO, April 16 (Reuters) - The Japanese government will ask British activist fund TCI not to raise its stake in J-Power, a Japanese electricity wholesaler, a government source said.

A panel set up by Japan's finance ministry said on Tuesday that raising TCI's stake in Electric Power Development (9513.T: Quote, Profile, Research, Stock Buzz) (J-Power) could "disturb the public interest." (Reporting by Reiji Murai; Writing by Junko Fujita)

 

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