Activist Investor Presses Mitsui Fudosan To Offload Tokyo Disney Resort Operator Shares, Proposes $6.7B Buyback: Report
Elliott Management, a U.S.-based investment fund, has been increasing its stake in Mitsui Fudosan, Japan's top property group, since last year. This has positioned Elliott as one of the developer's five largest shareholders, giving it the leverage to make these demands.