"Elliott Management Pushes for $6.5 Billion Buyback at Japan's Mitsui Fudosan"
Activist fund Elliott Management has targeted Japan's largest property group, Mitsubishi Estate, urging it to improve corporate governance and boost shareholder returns, as the fund believes the company's shares are undervalued. Elliott's move comes as it seeks to capitalize on undervalued assets in Japan and push for changes in corporate behavior.