Oasis Takes Stake in Scandal-Embroiled Motor Maker Nidec

Oasis Management Co. has built a significant stake in Nidec Corp., which is in turmoil following an accounting scandal that forced the Japanese electric-motor maker to delay financial results, see...

By Nicholas Takahashi · Bloomberg

Oasis Management Co. has built a significant stake in Nidec Corp., which is in turmoil following an accounting scandal that forced the Japanese electric-motor maker to delay financial results, see its credit rating downgraded and put it at risk of a delisting from the stock market.