Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for operational changes, including the sale of the company's midstream business.

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, 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. ($1 = 0.7991 pounds) ...

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 ...

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 ...

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 Management's investment gives it a roughly 5% stake, enough to wage a widely expected campaign to make BP ditch most of its green energy commitments. BP's profit hit a four-year low last ...

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 ...

When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge fund say executives can expect a strong view on their shortcomings ...

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Elliott Management has taken up a near-five per cent stake in BP Notorious activist investor Elliott Management has taken up a £3.8bn stake in BP, becoming the ailing oil major’s third-largest ...

Activist hedge fund Elliott Management has built a stake of nearly 5% in BP (BP), becoming the oil major’s third-largest shareholder, as it looks to force the company to reduce spending on ...