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Oasis Takes Stake in Scandal-Embroiled Motor Maker Nidec
Nicholas Takahashi
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⚡ Quantum Brief
Oasis Management Co. has built a significant stake in Nidec Corp., which is in turmoil following an accounting scandal that forced the Japanese manufacturer to delay financial results, see its credit rating downgraded and put it at risk of a delisting from the stock market.
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Oasis Management Co. has built a significant stake in Nidec Corp., which is in turmoil following an accounting scandal that forced the Japanese manufacturer to delay financial results, see its credit rating downgraded and put it at risk of a delisting from the stock market.
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Source: Bloomberg
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