1. Articles from reuters.com

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    1. Wessanen to nominate Rudy Kluiber to Supervisory Board

      Wessanen will propose to appoint Mr. R.K. (Rudy) Kluiber as new member to its Supervisory Board at an Extraordinary General Meeting of Shareholders, to be held on Wednesday 5 September 2012. This nomination is based on a recommendation of Delta Partners. Rudy Kluiber is not affiliated with Delta Partners in any way. In accordance with the Dutch Corporate Governance Code Rudy Kluiber is considered to be independent. It has however been mutually agreed that Rudy Kluiber at the request of Wessanen'

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    2. Panel clears audit firms of Olympus scandal blame

      The scandal, one of corporate Japan's worst, had raised questions over the role of the two audit firms, which signed off on the accounts of the maker of medical equipment and cameras before the 13-year fraud finally surfaced in October. But the panel of lawyers set up by Olympus to look at the role of auditors said in a report on Tuesday that five individual auditors were responsible for 8.4 billion yen ($109 million) in damages. Olympus said later it was suing the five former and current indivi

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    3. Analysis: Swift takeover for Olympus unlikely

      The long-term approach of major Japanese investors like banks and life insurers, combined with an aversion to foreign and hostile takeovers and uncertainty over lawsuits stemming from the $1.7 billion accounting scandal, will likely make any change of ownership at Olympus a gradual process. The camera and endoscope maker is seeking a friendly capital tie-up with a rival electronics company such as Sony Corp or Fujifilm to bolster its finances after unpicking the 13-year accounting fraud to find

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    241-248 of 248 « 1 2 ... 8 9 10 11
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