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Infrastructure Firm I Squared to Invest $5 Bln in Asia Over Next Three Years, Executive Says
Buffett Praises Bet in Japanese Trading Houses, Says Berkshire Will Be 'American-oriented'
Sumitomo Corp.: To Buy Back Up to Y50.0B of Own Shares From May 7 to July 19
Sumitomo Corp.: To Buy Back Up to Y50.0B of Own Shares From May 7 to July 19
Sumitomo Sees FY Net Y530.00B
Sumitomo Corp. also released the following forecasts: GROUP Year Ending Mar 2025 Operating Profit N/A Pretax Profit N/A Net Profit
Elliott Management Secures Stake In Warren Buffett-Backed Sumitomo Corp
Elliott Management Corp. has acquired a significant stake in Sumitomo Corp., a Japanese trading company favored by Warren Buffett.What Happened: The activist investment group's stake is reportedly wor
Sources say active US investment company Elliott holds a significant amount of shares in Japan's Sumitomo Corp (Sumitomo Corp). Elliott's actual shareholding was not mentioned, but it was stated that it was in the billions of yen. According to the closing
Sources say active US investment company Elliott holds a significant amount of shares in Japan's Sumitomo Corp (Sumitomo Corp). Elliott's actual shareholding was not mentioned, but it was stated that it was in the billions of yen. According to the closing price of 1 billion yen last Friday, it is equivalent to 0.2% of Sumitomo's shares. Sources said Elliott reached out to Sumitomo management to express his desire to work with the company to enhance shareholder value. Elliott, headed by Paul Singer, has also held significant shares in other large Japanese companies such as real estate developer Mitsui Fudo
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