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U.S. Activist Investor Takes Stake in Olympus

S ValueAct Capital Management LP made its first foray in Japan by taking a 5% stake in medical-device maker Olympus Corp. OCPNY 0.42% , the latest example of U.S.-based activist shareholders playing a bigger role in Asia. The ValueAct investment represents a bet that Olympus has room to increase its profit and win a higher valuation from investors...

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