Elliott Asset Management

Elliott builds $2.5 billion stake in Phillips 66

Elliott Wants Big Asset Sales at BP After Building $4.75-Billion Stake

Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic changes at the oil and gas giant.

The Financial Times · 1d

Elliott builds £3.8bn stake in BP and seeks big asset sales

Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost £3.8bn, as it seeks to force the troubled UK oil major to cut spending on renewable energy and make big divestments,

Upstream · 4d

BP stock price surges as activist investor Elliott builds stake in under-pressure supermajor

Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate interest

21h

Cage rattler Elliott may spy big value in a smaller BP

Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...

13don MSN

Activist investor Elliott Management says crypto is facing an ’inevitable collapse’ after its ‘perceived proximity to the White House’ inflated a bubble

The legendary activist firm warned that crypto is leading a market frenzy that has investors “acting like a crowd of sports ...

Here’s Where Phillips 66 and Elliott Don’t See Eye to Eye

Activist Elliott Investment Management had a clear roadmap for refining giant Phillips 66 when it took its first $1 billion stake in the company in late 2023. The company, though, has ...

Elliott Management Targets BP Stake, Fueling Takeover Buzz

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...

Elliott Investment completes acquisition of American Greetings stake — plus 4 more M&A deals to know

American Greetings, the second-largest U.S. greeting card company, has a new majority owner. Learn about other Northeast Ohio M&A deals this week.

20h

Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...

Upstream1d

US activist investor now third largest shareholder in BP

Elliott Investment Management expected to use its influence to force supermajor to move away from low-profit renewables ...

Elliott Disagrees With Emerson's Offer For Aspen, Says Highly Opportunistic

Elliott Investment Management L.P., Friday opposed Aspen Technology, Inc.'s (AZPN) agreement with Emerson Electric Co. (EMR) and said ...

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