Elliott said to rebuild stake in SoftBank, push for $15b buyback

Elliott said to rebuild stake in SoftBank, push for $15b buyback

FILE PHOTO: SoftBank Group Corp Chairman and CEO Masayoshi Son speaks at a news conference in Tokyo, Japan, Oct. 4, 2018. REUTERS/Issei Kato

Elliott Management has rebuilt a stake worth more than $2 billion in SoftBank Group and is pushing the Japanese technology investor to launch a $15 billion share buyback, the Financial Times (FT) reported on Wednesday.