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 ...
According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...
Elliott is trying to push the British oil company to cut spending on renewables and make big divestments, the FT report said.
BP Plc’s dramatic under-performance compared with other oil majors has reached a crunch point — a looming showdown with one ...
Two more Southwest Airlines board members will step down in April, finishing an overhaul in the company’s oversight group ...
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