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 ...
Elliott Management buying up a sizable stake in Sumitomo is the latest in a string of Japanese deals for the firm, and reflects the growing influence of activist investors in the country.
(Bloomberg) -- Elliott Management Corp. has built a “large” stake in Sumitomo Corp., one of Warren Buffett’s favorite Japanese trading houses, according to a person familiar with the matter. Most Read ...
Activist and value investors are converging on Japan. The smart money may be onto something: With U.S. shares suddenly under pressure from high rates again, hitching a ride on a long-term ...
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.
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. The purchase ...