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 ...
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost ...
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...
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.
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