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 ...
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Elliott is trying to push the British oil company to cut spending on renewables and make big divestments, the FT report said.
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 ...
BP Shares Jump After Activist Investor Elliott Builds Stake
BP Plc’s dramatic under-performance compared with other oil majors has reached a crunch point — a looming showdown with one ...
NBC Washington5d
BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
BP shares jumped at the market open, following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major. The company has declined to comment on the ...