Singapore-based 3D Investment Partners cuts Toshiba stake to 4.9%

Singapore-based 3D Investment Partners cuts Toshiba stake to 4.9%

FILE PHOTO: The logo of Toshiba Corp. is seen at the company's facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato/File Photo

Major Toshiba Corp shareholder 3D Investment Partners scaled back its stake the day before the Japanese conglomerate announced it had accepted a higher-priced takeover bid, a regulatory filing showed on Wednesday.