TOKYO (Reuters) - U.S. hedge fund Elliott Management Corp has bought a stake in Sumitomo Corp worth several tens of billions of yen, a person familiar with the situation said on Tuesday.
Elliott Management Corp. has acquired a significant stake in Sumitomo Corp., a Japanese trading company favored by Warren Buffett. What Happened: The activist investment group’s stake is ...
Elliott Management has reportedly built a "large" stake in Japanese trading house Sumitomo Corporation, which counts Warren Buffett's Berkshire Hathaway as its number one shareholder. The activist ...
, opens new tab, Bloomberg News reported on Sunday, citing a person familiar with the matter. The size of the activist group's investment is around "several tens of billions of yen," according to ...
NEW YORK/LONDON -- U.S. hedge fund Elliott Management has acquired a stake in Japanese trading house Sumitomo Corp. worth tens of billions of yen (10 billion yen equals $64 million), in a possible ...
Elliott’s Target Sumitomo Unveils Plans for Shareholder Return Sumitomo targets at least 12% ROE, 40% total payout ratio Shares jumped 4.4%, after briefly surging as much as 7.6% ...
A family office in Southington, D.R. Elliott & Co. LLC, has invested in a water treatment device manufacturer based in Harwinton. DRECo announced that it has invested a “substantial amount of ...
Hedge fund Elliott has built a position in Sumitomo, joining Berkshire Hathaway. The trading firm’s shares are up 10% this week. Activist and value investors are converging on Japan. The smart ...
Tom Brady has a new team. No, he’s not reversing course on his retirement decision for a second time, and there is no NFL team involved. The legendary former quarterback and seven-time Super ...