Brief: Elliott Investment Says Sumitomo Realty Must Expand Its Ambitions And Accelerate Implementation Of Its Envisioned Policy
12/08/2025 04:21
Aug 11 (Reuters) - Elliott Investment Management : ELLIOTT - SUMITOMO REALTY MUST EXPAND ITS AMBITIONS AND ACCELERATE IMPLEMENTATION OF ITS ENVISIONED POLICY ELLIOTT STATEMENT ON SUMITOMO REALTY & DEVELOPMENT CO., LTD. ELLIOTT- SUMITOMO'S 10-YEAR TIMEFRAME TO DIVEST ¥400 BILLION OF ITS PORTFOLIO OF STRATEGIC SHAREHOLDINGS IS FAR TOO LONG ELLIOTT - SUMITOMO REALTY'S VALUATION CONTINUES TO SUFFER AS CO'S POLICY ON UTILIZING FIXED ASSETS & LEVERAGING STRATEGIC SHAREHOLDINGS LACKS URGENCY Source text: ID:nCNW2ShNga Further company coverage: 8830.T ((Reuters.Briefs@thomsonreuters.com;))