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Elliott has built ‘large’ stake in Sumitomo, Bloomberg reports

Logos of Sumitomo Corp are seen after the company's initiation ceremony at its headquarters in Tokyo

(Reuters) - Elliott Management Corp has built a "large" stake in Japanese trading house Sumitomo Corp, Bloomberg News reported on Sunday, citing a person familiar with the matter.

The size of the activist group's investment is around "several tens of billions of yen," according to the report.

(Reporting by Akanksha Khushi in Bengaluru; Editing by Jamie Freed)