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Stock impact report

Elliott Takes Stake in Nippon Express; Shares Jump Most Ever [Yahoo! Finance]

KKR & Co. Inc. (KKR) 
Last kkr & co. inc. earnings: 1/31 06:50 am Check Earnings Report
US:NYSE Investor Relations: ir.kkr.com
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Sergey Brin Confronted Gavin Newsom — Then Launched a Political War Trump Being ‘Humiliated' in Iran Talks, German Leader Says The Billion-Barrel Hormuz Oil Shock Is About to Crash Demand OpenAI Breaks Free From Exclusive AI Pact With Microsoft The $1 Million Retirement Myth: Here's What to Save Instead Shares of Nippon Express jumped as much as 18%, the biggest intraday gain ever, after the US hedge fund disclosed a 5.04% stake in the Tokyo-based company. While it's not yet clear what Elliott's intentions are with Nippon Express, the firm has focused many of its Japan investments on companies with large holdings of real estate which are not accounted for at market value. Paul Singer's Elliott has in the past pushed for target companies to sell and lease back real estate, and use the proceeds to buy back shares. A Nippon Express spokesperson acknowledged the regulatory filing, and declined to comment on its shareholders. Elliott declined to co Show less Read more
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