Elliott Fortune - Search News

Elliott builds $2.5 billion stake in Phillips 66

The Associated Press on MSN · 3d

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 for the energy company to either sell or spin off its midstream unit to help boost its stock price.

Reuters on MSN · 3d

Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale

Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66, and plans to push for operational changes as well as the sale of the company's midstream business.

The Wall Street Journal on MSN · 3d

Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake

Activist Elliott Investment Management on Tuesday disclosed a stake in Phillips 66 valued at more than $2.5 billion and said it is pushing the oil refiner to consider operational changes to boost its stagnant stock.

3don MSN

Factbox-Activist Elliott's recent holdings and campaigns

Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66, a person familiar with ...

5don MSN

Nike CEO's world was "turned upside down" after one phone call

Nike CEO Elliott Hill told Fortune that his world "turned upside down" after he got one phone call.

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