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 Management Targets BP Stake, Fueling Takeover Buzz
According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...
BP Shares Jump After Activist Investor Elliott Builds Stake
BP Plc’s dramatic under-performance compared with other oil majors has reached a crunch point — a looming showdown with one ...
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Elliott is trying to push the British oil company to cut spending on renewables and make big divestments, the FT report said.
Two more Southwest Airlines board members step down, completing Elliott makeover
Two more Southwest Airlines board members will step down in April, finishing an overhaul in the company’s oversight group ...