JOURNAL ARTICLE

Japanese Ink Maker Sells Off Monet, Renoir Paintings as Activists Circle.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Taniguchi, Takako 3 of 3

Abstract

The article discusses DIC Corp., a Japanese ink and resin manufacturer, selling its art collection to appease activist investors and improve financial returns. The company raised over $106 million through auctions, including the sale of Claude Monet's "Nymphéas" for approximately $45.5 million. Activist investor Oasis Management has pressured DIC to divest its art holdings, arguing they detract from the company's core business. DIC plans to retain some key pieces, including seven works by Mark Rothko, while aiming to generate additional cash through further sales of its 384-piece collection. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:Literature and Writing
  • Publication Date:2025
  • Accession Number:189394544
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