NEW YORK -- U.S. activist investment fund Elliott Management has acquired a more than $2.5 billion stake in SoftBank Group, pushing the Japanese group to make better investment decisions and strengthen corporate governance.
SoftBank
Activist investor Elliott now owns 3% of SoftBank
With $2.5bn stake, NY fund seeks to boost Japanese group's value
Elliott Management founder Paul Singer speaks at a conference. The activist fund said the market undervalues SoftBank Group's portfolio.
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