The stake is held in voting rights through shares and instruments, the filing said.

Vantage Towers, which earlier reported a 4.8% increase in third-quarter sales, is majority owned by Vodafone, which will sell up to half of its 81.7% stake in the company to a consortium of Global Infrastructure Partners and KKR in a deal announced in November.

This is the latest live deal in which Elliott has become active in Germany and follows investments in Kabel Deutschland and Uniper in recent years, both of which ended in handsome payouts for the investor led by Paul Singer.

Elliott declined to comment.

(Reporting by Andres Gonzalez and Christoph SteitzEditing by Paul Carrel and David Goodman)