Elliott Questions Bank Of East Asia’s Nearly $1 Billion Share Sale – ValueWalk Premium
Paul Singer

Elliott Questions Bank Of East Asia’s Nearly $1 Billion Share Sale

Paul Singer’s Elliott Management Corporation has launched a legal action against Hong Kong’s Bank of East Asia for its nearly $1 billion share sale to Japan’s Sumitomo Mitsui Banking Corporation last year.

Bank of East Asia is one of the last remaining family-owned Hong Kong banks.


Elliott seeks BEA’s internal papers

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