That is our priority." Elliott and investors discussed potential changes to BP's board and management team, and a reduction of annual spending to below $13 billion, the two shareholders said.
Elliott Investment Management has called on RWE to significantly increase shareholder returns in a push to grow the Germany energy company's valuation. The activist investor said Monday that it is ...
Elliott Management is discussing further actions with other BP shareholders to improve the company's performance. These discussions include potential deeper cost reductions and leadership reshuffles.
(Reuters) - Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential ...
BP (NYSE:BP) is under growing pressure from activist heavyweight Elliott Management, which has been quietly meeting with large shareholders to rally support for sweeping changes at the energy giant.
Paul Singer, the founder of the $72 billion hedge fund Elliott Management, has made a fortune out of being stressed. The billionaire, who launched his firm in 1977 and has famously lost money in ...
Activist investor Elliott Management has met several large BP (NYSE:BP) shareholders to try to forge a consensus for more changes at the company that could include cost cuts and potential changes ...
The move came after months of relentless pressure from hedge fund Elliott Management, which has demanded big changes to the way Southwest does business since buying a $1.9 billion stake in the ...
(Reuters) - Activist investor Elliott Management has met several large shareholders in BP (BP.L) to try to forge a consensus for more changes at the oil major that could include cost cuts and a ...
Activist fund Elliott Management wants BP to go further than plans outlined last week and completely ditch renewables, it has been reported. With a long track record of taking on sovereign ...
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