Aug 6 (Reuters) – Taiwan-based investment firm Argyle Street Management is facing Catcher Technology Co Ltd (2474.TW), a supplier to Taiwan-based Apple (AAPL.O), to improve its management and return some $4.2 billion of its Net cash to shareholders, Financial Times mentioned On Saturday, citing people familiar with the discussions.
The Financial Times report added that Argyle owns about 1% of Catcher’s stock.
Register now to get free unlimited access to Reuters.com
The report was submitted by Akanksha Khushi in Bengaluru; Editing by Lisa Schumaker
Our criteria: Thomson Reuters Trust Principles.