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Citadel builds 4.5% stake in Japanese railway operator Hankyu Hanshin
Citadel has accumulated a 4.5% stake in Japanese railway and real estate group Hankyu Hanshin Holdings, becoming its second-largest shareholder as the hedge fund expands its investment activities in Japan, according to a report by Bloomberg. The holding, disclosed in Hankyu Hanshin's semiannual report, was owned by Citadel's Multi-Asset Master Fund as of 30 September. The filing also revealed that Aya Nomura, daughter of prominent Japanese activist investor Yoshiaki Murakami, held a 1.5% stake in the Osaka-based company. Hankyu Hanshin was established in 2006 following Hankyu Holdings' acquisi
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