Elliott takes stake in Japan's Kansai Electric, FT reports

Core Viewpoint - Activist investor Elliott Management has acquired a stake of between 4% and 5% in Kansai Electric Power, making it one of the top three shareholders of the company [1] Group 1 - Elliott Management's investment positions it as a significant shareholder in Kansai Electric Power, indicating potential influence over company decisions [1] - The acquisition of this stake reflects a growing trend of activist investors targeting utility companies for strategic changes [1]