Elliott Management has rebuilt a stake worth more than $2 billion in SoftBank Group and is pushing the Japanese technology ...
The fund's move comes as the gap between SoftBank's asset value and its market valuation reaches unprecedented levels.
Shares in SoftBank jumped more than 5% after the news, before paring gains to end the day up 4.6% at 9,420 yen, the highest ...
However, it may be a potential buy for new investors ... Activist investor Paul Singer’s Elliott Management has disclosed a stake in Sumitomo. While currently a very small position, worth ...
More recently, investors promptly stepped in to buy the dip below the 50-day MA, suggesting underlying strength in the stock. Following the news that Elliott has taken a significant stake in the ...
This development reported by financial content platform Seekingalpha comes nearly eight years after Elliott Management, which held a 4% stake in Cognizant ... recently Nomura buys 2.7% in ...
Johnson Controls International had no comment Monday on a report from Bloomberg News that Elliott Investment Management, which is known for its shareholder activism, has acquired over $1 billion ...
Although Buffett got into BYD early and has been trimming Berkshire’s stake over the past year, now may be an opportune time to buy. As EV demand ... upward trajectory. Sumitomo (SSUMY) Sumitomo ...
The Côté Gold mine is operated as a joint venture between IAG and Sumitomo. Per the JV funding and amending agreement entered by the two parties on Dec 19, 2022, IAMGOLD’s stake in the Côté ...
(Bloomberg) — Suncor Energy Inc. shares rose to an almost 16-year high after the oil-sands producer accelerated plans to ramp up share buybacks, marking a win for activist investor Elliott ... billion ...
The poor performance prompted activist investor Elliott to demand a major ... and struck a C$1.47 billion deal to buy TotalEnergies SE’s stake in an oil-sands mine to secure more bitumen ...