Activist Elliot takes near 5% stake in BP

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.
Elliott Takes Stake in Struggling Oil Giant BP
The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.
BP Stock Jumps as Elliott Reportedly Builds Stake
BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking to make changes.
BP Investors Welcome Elliott as Oil Major Readies Strategy Reset
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major because the company needs to make meaningful changes.
Elliott Urges BP to Ditch Green Investments as it Builds 5% Stake
Elliott Management, the activist investor, has built a stake of almost 5% in BP (BP) and is pressing the oil producer to abandon its green
Activist Elliot takes near 5% stake in BP as it pushes to cut spending on renewables and make big divestment
Elliott, led by boss Paul Singer (pictured), is expected to push BP to cut renewables and make big divestments to address its 'profound' undervaluation.
Hedge fund Elliott commands attention in C-suites as relentless activist
When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...
BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
Factbox-Activist Elliott's Recent Holdings and Campaigns
American Paul Elliott Singer's hedge fund firm was established in 1977 and is known as being one of the most vocal activists.
Elliott Investment Management exits Cardinal Health, cuts NRG Energy, Southwest Air
Famed activist investor Elliott Investment Management exited its position in Cardinal Health (NYSE:CAH), dumping 2M shares in Q4, according to its 13F filing. The hedge fund increased its stake in ...
Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises
Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises - Activist investor Elliott Management is ...
Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...