USS to sell its Océ shares to Canon

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UK/GLOBAL - The Universities Superannuation Scheme (USS) decided to sell its stake in Océ to Canon after the Enterprise Chamber of the Amsterdam Court of Appeals rejected the pension fund's request to investigate Canon's tender offer to buy Océ.

In February, USS alleged in a joint request with Hermes that the position of minority shareholders deteriorated following Canon's offer. It also asked the Amsterdam Court of Appeals for the suspens...

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