Elliott Management Corp

SoftBank's portfolio has subsequently been hit by a collapse in tech valuations as investors turn sceptical on the high-growth stocks it favours

Citrix's products allow employees to access their companies' network remotely, but it has failed to capitalise on the rise of remote working during the pandemic.

Citrix's products allow employees to access their companies' network remotely, but it has failed to capitalise on the rise of remote working during the pandemic.

Toshiba's board is undertaking the review after an activist-shareholder rebellion earlier this year led to the ouster of the chief executive officer and a board member

Shares in GSK erased losses and traded more than 7% higher

SoftBank shares fell as much 9.6% to a 14-month low on Friday amid a crash in global stock markets, but pared losses to close down 5% in Tokyo.

Elliott, one of the world's most powerful activist investors, has amassed a holding of almost $3 billion in SoftBank

SoftBank has come under increasing pressure for its lack of transparency, especially around its $100 billion Vision Fund of largely unlisted start-ups

Hyundai Motor shares rose 1.3%, the most in a week, to close at 152,000 won in Seoul trading, while the benchmark Kospi index fell about 0.1%