Nissan Shares Jump 21% After Activist Effissimo Takes Stake
In a regulatory filing on Monday, Nissan listed Cayman Islands-registered ECM Master Fund as a shareholder with a 2.5%stake as of end-September. ECM Master Fund is affiliated with Effissimo, according to SEC filings.
Nissan surges most since 2009 after activist Effissimo takes 2.5% stake
NISSAN Motor shares jumped the most in 15 years after an activist investor took a 2.5 per cent stake in the embattled Japanese automaker. Read more at The Business Times.
Nissan enters new era of turmoil as Effissimo takes stake
The big question is whether CEO Makoto Uchida can deliver a turnaround or be forced to make more drastic changes by an influential outsider.
Nissan Surges After Firm Linked to Hedge Fund Takes 2.5% Stake
Nissan Motor Co. shares jumped the most in 15 years after an activist investor took a 2.5% stake in the embattled Japanese automaker.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion,
Nissan shares surge after activist investor takes stake
Shares in Nissan surged as much as 20 per cent on Tuesday, after a fund managed by activist investor Effissimo Capital Management was revealed to have taken a stake in the struggling Japanese automaker.
Nissan enters new era of turmoil as Singapore-based Effissimo takes stake
The question is whether Nissan can deliver a turnaround or be forced to make more drastic changes. Read more at straitstimes.com.
Nissan Motor Shares Jump After Activist Investor Builds Stake
Nissan Motor shares jumped their most in a decade and a half after an activist investor took a stake in the Japanese carmaker in the midst of turnaround efforts.
Investor seen linked to activist fund takes 2.5% stake in Nissan
An investor possibly linked to an activist fund has obtained a stake of 2.5 percent in Nissan Motor Co., a regulatory filing showed Tuesday, lifting shares of the Japanese automaker as much as 20 percent.
Reuters2d
Activist hitches long ride on Nissan’s turnaround
Hedge fund Effissimo Capital Management has bought a 2.5% stake in the struggling Japanese carmaker, disclosures on Monday ...
Business Insider2d
Activist-investor Effissimo reveals it has stake in Nissan, FT reports
Singapore-based hedge fund Effissimo, a fund managed by activist investor Effisimo Capital Management, recently revealed to have a stake in Nissan (NSANY), Harry Dempsey and Kana Inagaki of The ...
Auto News India1d
Nissan enters into a new era of turmoil. Here's why
Nissan expects to produce about 32 lakh vehicles in the year ending in March, almost 7% fewer than the last fiscal year.
theasialive1d
Nissan’s Struggle for Survival: Facing Financial Decline, New Investments, and an Uncertain Future
Japan’s automotive industry into the spotlight, Nissan Motor Co. finds itself battling significant challenges as a recent, ...
Japanese carmakers are losing ground as China surges ahead in the EV race
Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitive EV market.
Nissan shares jump more than 20% after activist Effissimo takes stake
Nissan Motor shares jumped as much as 20.6% on Tuesday after a filing showed an entity related to activist investor Effissimo ...