BP, Elliott Investment Management and sale of lubricants
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance, including a big divestment programme, a source familiar with the matter told Reuters on Thursday.
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost ...
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist ...
BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...
For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...
The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
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