UK Fund AVI Wants Chairman of Japan Drugmaker Rohto to Leave

Asset Value Investors Ltd. is calling for the chairman of Rohto Pharmaceutical Co. to step down from the Japanese drugmaker’s board of directors, in the latest sign that activist shareholders...

By Takako Taniguchi · Bloomberg Markets

Asset Value Investors Ltd. is calling for the chairman of Rohto Pharmaceutical Co. to step down from the Japanese drugmaker’s board of directors, in the latest sign that activist shareholders will stay busy this year.