TSE:9104Shipping
Elliott Pushes Mitsui O.S.K. Lines To Reassess Value And Capital Use
Elliott Investment Management publicly urged Mitsui O.S.K. Lines (TSE:9104) to pursue a more ambitious strategy.
The activist investor is calling for an enhanced medium term plan and a premium market valuation for the company.
Elliott signaled its intention to engage with management to seek changes it believes could increase shareholder value.
Mitsui O.S.K. Lines is a major Japanese shipping group with exposure to global trade, energy transport, and logistics services. The sector is...