Jan 24 (Reuters) - Hedge fund Elliott Management Corp has built a "significant" stake in Japanese automotive battery component supplier Dai Nippon Printing Co Ltd (DNP) (7912.T), sources familiar with the matter told Reuters on Tuesday.
A DNP spokesperson said the company had confirmed Elliott's investment late last year, but declined to comment on details.
The Financial Times, which first reported the news, said Elliott now holds a stake just under 5% worth $300 million.
Elliott declined to comment.
It recently won a board seat at Pinterest Inc (PINS.N) when the company added Elliott portfolio manager Marc Steinberg as a director.