TOKYO (Reuters) – Nissan Motor shares jumped as much as 20.6% on Tuesday after a filing showed an entity related to activist investor Effissimo Capital Management had taken a stake in the struggling Japanese automaker.
In a regulatory filing on Monday, Nissan listed Cayman Islands-registered ECM Master Fund as a shareholder with a 2.5%stake as of end-September. ECM Master Fund is affiliated with Effissimo, according to SEC filings.
(Reporting by Kantaro Komiya; Editing by David Dolan)
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