Activist Elliott Wants to End 15 Years of BP Losing Out to Shell
For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
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’s Activism Success Gives Hope for BP’s Depressed Shares
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist ...
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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 ...
Honeywell to split into 3 companies after push from activist investor Elliott
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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 Pushes Big Cost Cuts at BP to Preserve Its Independence
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
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BP shares hit highest since August on news of Elliott stake
Shares in oil major BP rose by 7% to their highest since August in early trade on Monday, after Reuters reported activist ...
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BP Shares Jump as Elliott Management Takes Stake, Pressuring Oil Major on Strategy
BP shares surged early Monday after reports surfaced that activist investor Elliott Management has taken a stake in the oil major. BP has underperformed its British and U.S. energy peers. The company ...