Nissan Enters New Era of Turmoil as Effissimo Takes Stake
1 day ago · Nissan shares rose after Effissimo, a Singapore-based hedge fund that buys into distressed companies, was identified as the buyer of the stake via intermediaries. The fund took on Toshiba Corp. a ...
Nissan shares jump 21% after activist Effissimo takes stake
1 day ago · Nissan Motor shares jumped as much as almost 21% on Tuesday after a filing showed activist investor Effissimo Capital Management had taken a stake in the struggling Japanese automaker. In a ...
Nissan Enters New Era of Turmoil as Effissimo Takes Stake
1 day ago · John Seagrim, a broker at CLSA in London, said that Effissimo will probably seek to resolve issues around governance and minority shareholders rights at Nissan Shatai Co., which is 50% controlled ...
Activist hitches long ride on Nissan’s turnaround | Reuters
2 days ago · Nissan Motor could be a long, potentially uncomfortable ride for an activist. Hedge fund Effissimo Capital Management has bought a 2.5% stake in the struggling Japanese carmaker, disclosures on ...
Nissan shares jump after activist investor takes stake - Financial …
2 days ago · News of Effissimo’s stake in Nissan led to a 9 per cent rally in shares of Nissan Shatai, a car assembly company 50 per cent owned by the carmaker, in which the activist investor has amassed a ...
Nissan Shares Jump 21% After Activist Effissimo Takes Stake - U.S. News
2 days ago · Nissan last week announced a plan to cut 9,000 jobs and 20% of its global manufacturing capacity amid a sales slump in China and the United States, slashing its annual profit outlook by 70%.
Nissan enters new era of turmoil as Singapore-based Effissimo …
1 day ago · A fund controlled by Singapore-based Effissimo Capital Management has taken a 2.5 per cent stake in Nissan just days after cratering profit and sales induced by an outdated line-up, pricey dealer ...
Nissan surges after firm linked to hedge fund takes 2.5% stake
2 days ago · Effissimo became Toshiba’s top shareholder in 2017 when the company was reeling from a massive writedown on its nuclear power business. Nissan’s shares climbed as much as 20.6% before paring ...
Nissan Shares Rally on Activist Investor Effissimo’s Investment
2 days ago · The news provided some relief to investors after the stock dropped sharply last week when the company reduced its annual operating profit forecast by 70%. ... Effissimo Buys Stake in Nissan.
Nissan enters new era of turmoil as Effissimo takes stake
1 day ago · Nissan enters new era of turmoil as Effissimo takes stake. Nissan CEO Makoto Uchida could now face opposition to his turnaround plans. (NISSAN) November 13, 2024, 05:50 AM. Nissan ’s rapid ...
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