Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance, including a big divestment programme, a source familiar with the matter told Reuters on Thursday.
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Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...
When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...
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Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
Elliott Investment Management disclosed a more than $2.5 billion stake in oil refiner Phillips 66 and plans to push the company to sell or spin off its pipeline business.
Activist Elliott Investment Management had a clear roadmap for refining giant Phillips 66 when it took its first $1 billion stake in the company in late 2023. The company, though, has ...
Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...
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Elliott Investment Management invests $2.5bn in Phillips 66Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for ...
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