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 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 - 2:54 am | View Link
  • 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 ...
    06/26/2012 - 9:56 pm | View Link
  • Tepco Shareholders Approve Nationalization
    TOKYO—Shareholders of Tokyo Electric Power Co ... secured an agreement from the government last month to inject ¥1 trillion ($12.6 billion) in government capital in return for a 50.1% stake in the company. The government also holds the right to increase ...
    06/26/2012 - 9:26 pm | View Link
  • Japan’s Government to Take Over TEPCO
    Japan’s trade minister last week approved a ¥1 trillion ($12.5 billion) capital injection ... told reporters last week, after the government approved the utility’s 10-year turnaround plan. If approved by shareholders in June, the takeover will enable ...
    05/16/2012 - 1:00 pm | View Link
  • Tepco gets government bail-out
    The Japanese government has approved amendments to ... of public funds provided to Tepco to some ¥3.5 trillion ($43.8 billion) - must be approved by a meeting of Tepco's general shareholders in June. The move, if approved, could avoid the collapse ...
    05/9/2012 - 1:00 pm | View Link
  • More
BING SEARCH:
  • International News | World News
    Get the latest international news and events from Asia, Europe, the Middle East, and more. See world news photos and videos at ABCNews
    05/26/2016 - 6:07 pm | View Website
  • Radiation effects from the Fukushima Daiichi nuclear disaster
    The radiation effects from the Fukushima Daiichi nuclear disaster are the observed and predicted effects resulting from the release of radioactive isotopes from the ...
    05/26/2016 - 10:58 am | View Website
  • Bloomberg
    The daily online Bloomberg report gives you the latest headlines from around the world, current market data annd personal finance advice, politics and top videos.
    05/25/2016 - 10:47 pm | View Website
  • The Asahi Shimbun
    The Asahi Shimbun is widely regarded for its journalism as the most respected daily newspaper in Japan. The English version offers selected articles from ...
    05/25/2016 - 8:31 pm | View Website
  • Latest Headlines
    Latest Headlines is home to all the latest, up to the minute news headlines from The Wall Street Journal in a streaming continuous headline experience.
    05/25/2016 - 4:42 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News