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 Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...
BP shares have dropped almost 8%, compared with a gain of about a third for its closest rivals Shell and TotalEnergies.
BP Plc’s dramatic under-performance compared with other oil majors has reached a crunch point — a looming showdown with one ...
CLEVELAND, Feb. 3, 2025 /PRNewswire/ -- Elliott Investment Management L.P. (Elliott), Clayton, Dubilier & Rice (CD&R), and American Greetings Corporation today announced the successful ...
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