Third Point returns to Japan with stake in manufacturer Ebara

TOKYO -- Daniel Loeb's Third Point has taken a stake in Japanese manufacturer Ebara, the U.S.

hedge fund said in a letter to investors.

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East Asia Hong Kong Macao Taiwan Mongolia Japan South Korea North Korea Southeast Asia Thailand Malaysia Singapore Philippines Vietnam Myanmar Cambodia Laos Brunei East Timor South Asia Pakistan Afghanistan Bangladesh Sri Lanka Nepal Bhutan Maldives Central Asia Uzbekistan Turkmenistan Tajikistan Kyrgyzstan Oceania New Zealand Papua New Guinea Pacific Islands Rest of the World Russia & Caucasus North America Latin America Europe Africa Economy China Japan India South Korea Indonesia Taiwan Thailand U.S.

East Asia Hong Kong Macao Taiwan Mongolia Japan South Korea North Korea Southeast Asia Thailand Malaysia Singapore Philippines Vietnam Myanmar Cambodia Laos Brunei East Timor South Asia Pakistan Afghanistan Bangladesh Sri Lanka Nepal Bhutan Maldives Central Asia Uzbekistan Turkmenistan Tajikistan Kyrgyzstan Oceania New Zealand Papua New Guinea Pacific Islands Rest of the World Russia & Caucasus North America Latin America Europe Africa Features ASEAN Money Tech Asia Business Asia China Up Close Policy Asia Big in Asia Datawatch Infographics Opinion Editor-in-Chief's Picks The Nikkei View Life & Arts Life Arts My Personal History Tea Leaves Eat & Drink Destinations Books Obituaries Watch & Listen Video Photos Companies Third Point returns to Japan with stake in manufacturer Ebara Activist investor says semiconductor equipment maker has room to grow market share Third Point CEO Daniel Loeb says Ebara trades at a discount to American peers.

(Source photos by Reuters, Nikkei) TOKYO -- Daniel Loeb's Third Point has taken a stake in Japanese manufacturer Ebara, the U.S.

hedge fund said in a letter to investors.

Japan India South Korea Indonesia Taiwan Thailand U.S.

East Asia Hong Kong Macao Taiwan Mongolia Japan South Korea North Korea Southeast Asia Thailand Malaysia Singapore Philippines Vietnam Myanmar Cambodia Laos Brunei East Timor South Asia Pakistan Afghanistan Bangladesh Sri Lanka Nepal Bhutan Maldives Central Asia Uzbekistan Turkmenistan Tajikistan Kyrgyzstan Oceania New Zealand Papua New Guinea Pacific Islands Rest of the World Russia & Caucasus North America Latin America Europe Africa Trending Cybersecurity Artificial intelligence Iran tensions Inflation Electric vehicles Supply Chain Taiwan tensions Bank of Japan Immigration ESG Explainer Business Semiconductors Automobiles Energy Transportation Retail Travel & Leisure Media & Entertainment Food & Beverage Finance Electronics Startups Business deals Markets Equities Currencies Bonds Commodities Property IPO Wealth Management Tech #techAsia China tech Startups Cryptocurrencies DealStreetAsia Politics China Japan India South Korea Indonesia Taiwan Thailand U.S.

East Asia Hong Kong Macao Taiwan Mongolia Japan South Korea North Korea Southeast Asia Thailand Malaysia Singapore Philippines Vietnam Myanmar Cambodia Laos Brunei East Timor South Asia Pakistan Afghanistan Bangladesh Sri Lanka Nepal Bhutan Maldives Central Asia Uzbekistan Turkmenistan Tajikistan Kyrgyzstan Oceania New Zealand Papua New Guinea Pacific Islands Rest of the World Russia & Caucasus North America Latin America Europe Africa Economy China Japan India South Korea Indonesia Taiwan Thailand U.S.