TOKYO, July 5 Seibu Holdings Inc will meet with
its largest single shareholder Cerberus Capital Management LP
on Friday to possibly discuss a listing on the Tokyo
Stock Exchange, a source familiar with the matter said on
The U.S. private equity giant has been pressing the
embattled Japanese property and railways firm to improve
governance and earnings performance to ensure it gets a fair
value for its shares.
Development Bank of Japan, Norinchukin Bank
and other major shareholders in Seibu will also attend
the meeting, said the source who declined to be identified as he
was not authorised to talk to the media.