Shares in the blue-chip oil giant jumped seven per cent in early deals on the news activist hedge fund Elliott Investment Management had built a position in the company. The news of the stake ...

Shares in BP surged seven percent following the announcement that activist hedge fund Elliott Investment Management had taken a position in the company, though the size of the stake is currently ...

Activist investor Elliott Management has reported taking up a stake in the oil (CL=F, BZ=F) company. Elliott Management has also disclosed its up to $2.5 billion stake in Phillips 66 (PSX ...

Elliott Management, which has about $70 billion in assets, is due to publish a regulatory filing in the U.S. on Friday to disclose its quarterly positions in listed companies. category The ...

Elliott Management is pushing for major asset sales at BP to address the undervalued shares of the UK-based supermajor after the U.S. activist investor built a stake of nearly 5% worth about $4.75 ...

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil giant BP (BP). This move has stirred up the London market, where ...

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. “Any shift in ...

Energy giant BP's shares have soared after activist hedge fund Elliott Investment Management revealed it has taken a stake in the British company. Shares in BP rose by as much as 8.2% in early ...

WEST PALM BEACH, Fla., Feb. 7, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen ...

Activist investor Elliott Management has disclosed a near 5% stake of about 3.8 billion pounds ($4.75 billion) in BP, making it the oil company’s third-largest shareholder, the Financial Times ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a standalone company, people with knowledge of the matter said. The activist ...