Print Published 4th Oct 2017, 16:41

Asatsu’s second biggest shareholder attacks “undervalued” Bain deal

Silchester International Investors, a London based investment manager that holds 17.3% of Asatsu-DK’s shares alongside WPP’s 24.9% shareholding, today attacked the Japanese marketing group’s management and accused it of seeking a deal with Bain Capital that “substantially undervalues” the company.