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 ...
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 ...
, 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 ...
The announcement comes after activist investor Elliott Management Corp. was said to have built a “large” stake in Sumitomo and shared with the company its views on ways to create shareholder ...
Activist Elliott Investment Management's reported more than $1 billion stake in Johnson Controls (NYSE:JCI) is a "material narrative changer" for the industrial company, according to a JPMorgan ...
Cerberus Capital Management has acquired a controlling interest in M1 Support Services, a Denton, Texas-headquartered provider of maintenance, repair and overhaul services for military aircraft ...
Founder and President, Elliot Management Corporation Paul Singer speaks onstage during The New York Times DealBook Conference at One World Trade Center on December 11, 2014 in New York City.