U.S. hedge fund Elliott Management Corp has bought a stake in Sumitomo Corp worth several tens of billions of yen, a person ...
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 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.
New York, April 28 (Jiji Press)--Elliott Management Corp. of the United States, known as an activist investor, has invested several tens of billions of yen to build a large stake in Japanese ...
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 ...