Elliott builds £4bn stake in BP as it seeks to force renewables cuts
Activist hedge fund 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 ...
Three key changes Elliott could push BP to adopt
Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for ...
BP Promises Big Changes After Attracting An Uninvited Guest
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP pledges strategy reset as annual profit falls by a third
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...
Elliott Builds More Than $2.5B Stake in Phillips 66, Wants It to Sell or Spin off Midstream Unit
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...