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.
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...
For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...
According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...
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