Tepco Shareholders Ok $12.6 Billion Government Injection

TOKYO (Reuters) - Tokyo Electric Power Co shareholders voted on Wednesday to approve the Japanese government's 1 trillion yen ($12.58 billion) capital injection, to avert the collapse of the utility in the aftermath of the Fukushima nuclear crisis.

BING NEWS:
  • Tepco Shareholders Approve Government Bailout, Directors
    Shareholders of the company known as Tepco approved proposals to allow the government to get more than 50 percent of voting rights in return for 1 trillion yen ($12.6 billion) in capital infusion. The appointment of 11 directors, including turnaround ...
    06/27/2012 - 5:28 am | View Link
  • TEPCO shareholders approve 1 trillion yen government bailout
    Tokyo, June 27, 2012 — Tokyo Electric Power Co. shareholders voted April 27 to approve the Japanese government's offer of a 1 trillion yen ($12.58 billion) capital injection. The Japanese government offered the bailout to save the utility from collapse ...
    06/27/2012 - 3:54 am | View Link
  • Tepco shareholders OK $12.6 billion government injection
    TOKYO (Reuters) - Tokyo Electric Power Co (9501.T) shareholders voted on Wednesday to approve the Japanese government's 1 trillion yen ($12.58 billion) capital injection, to avert the collapse of the utility in the aftermath of the Fukushima nuclear crisis.
    06/26/2012 - 11:46 pm | View Link
  • Tepco shareholders OK $12.6 billion government injection
    TOKYO (Reuters) - Tokyo Electric Power Co 9501.T> shareholders voted on Wednesday to approve the Japanese government's 1 trillion yen ($12.58 billion) capital injection, to avert the collapse of the utility in the aftermath of the Fukushima nuclear crisis.
    06/26/2012 - 2:47 pm | View Link
  • Shareholders to sue Tepco executives for $67 billion
    TOKYO (Reuters) - Shareholders ... Government officials have walked a tightrope between that taxpayer anger and keeping afloat a firm that provides electricity to 45 million people in Japan. Japan's trade minister last month approved nearly $9 billion ...
    03/5/2012 - 9:45 am | View Link
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