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 ...
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
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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 ...
The Dallas-based airline is shrinking its board from 15 members to 13 as part of an agreement with activist investor Elliott ...
Elliott Investment Management L.P., which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), sent a letter ...
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