Posted inJapan, Northeast Asia

US activist fund takes stake in SoftBank Group

A major US activist fund on Friday confirmed a “substantial investment” in Japan’s SoftBank Group, boosting the stock of the giant technology investor. “Elliott’s substantial investment in SoftBank Group reflects its strong conviction that the market significantly undervalues SoftBank’s portfolio of assets,” said a spokesperson at the US fund. “Elliott has engaged privately with SoftBank’s […]