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 ...
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 ...
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.