BP, Elliott Investment Management and sale of lubricants
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.
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.
Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost ...
For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...
BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...
According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...
A group of 48 investors has written to BP Chairman Helge Lund calling for a shareholder vote on any plans the company has to ...
It was April 2010, and the Deepwater Horizon disaster was about to become the largest-ever marine oil spill in the US and the ...
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