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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 ...
British Oil Major BP Vows Strategy Reset as Profits Slide to 4-Year Low
British oil giant BP (BP) pledged to “fundamentally reset” its strategy as profits in its Fiscal fourth quarter slid to a ...
Investors warn BP will face radical changes after Elliott takes stake
BP could be forced to change its management, list in the US or even break up after the activist hedge fund Elliott Management ...
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 ...
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Elliott becomes BP’s third-largest shareholder with $7.6b stake
Activist hedge fund Elliott Management has become the third-largest shareholder in BP after building out a £3.8 billion ($7.6 ...