TOKYO (Reuters) -Toshiba Corp plans to notify its shareholders that board director nominees from two of its main hedge fund shareholders have been not approved unanimously by the nomination committee, folks conversant in the matter mentioned on Friday.
In a uncommon transfer, the embattled conglomerate plans to embody the notice on the divided vote in a booklet for its annual shareholders assembly on June 28, the 2 sources mentioned, declining to be recognized as a result of the matter continues to be non-public.
Toshiba has proposed Nabeel Bhanji, a portfolio supervisor at Elliott Management, and Eijiro Imai, managing director at Farallon Capital Management, be given board seats, a possible turning level in a protracted battle between Toshiba and its activist shareholders.
(Reporting by Makiko Yamazaki; Editing by Chang-Ran Kim and Edwina Gibbs)
