Elliott Management Acquires 5% Stake in Nippon Express

Nippon Express shares surged after activist investor Elliott Management disclosed it had acquired a 5% stake in the Japanese logistics company. This move marks Elliott's latest significant investment in Japan.

28 Apr, 06:01 — 28 Apr, 06:01

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japan-timesMostly Factual2d ago

Nippon Express shares make record jump as Elliot takes stake

Shares in the Tokyo-based logistics company jumped as much as 18% after the U.S. hedge fund disclosed a 5.04% stake.

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Coverage Timeline

First report: bloomberg · 28 Apr, 04:00|Full coverage: 3 · 3h|Window: 3h

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bloomberg28 Apr, 04:00First to report

Elliott Raises Japan Wagers With 5% Stake in Nippon Express - Bloomberg.com

2h later

japan-times28 Apr, 06:01

Nippon Express shares make record jump as Elliot takes stake

channel-news-asia28 Apr, 06:42Latest update

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Elliott Management Acquires 5% Stake in Nippon Express

Sources

Nippon Express shares make record jump as Elliot takes stake

Coverage Timeline

Elliott Raises Japan Wagers With 5% Stake in Nippon Express - Bloomberg.com

Nippon Express shares make record jump as Elliot takes stake

Nippon Express shares soar after Elliott discloses latest Japan stake

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