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Activist investor Elliott dumps SoftBank stake after Japanese group recorded $50B loss in six months

Activist investor Elliott dumps SoftBank stake after Japanese group recorded $50B loss in six months

• SoftBank shares have dropped almost 50% from their peak

By Arghyadeep Dutta
Published - Aug 16, 2022, 10:25 AM ET
Last Updated - Jul 18, 2023, 04:33 PM EDT

Hedge

fund Elliott Management has sold almost all its remaining shares in the
Japanese investment giant SoftBank Group Corp after investing as much
as $2.5 billion, the Financial Times reported on Tuesday, citing people
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