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.
CNBC's Andrew Ross Sorkin reports on the latest news.
Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company ...
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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 ...
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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 (BP) shares jump in Monday's pre-market session after activist investor Elliott Management has taken up a stake in the oil ...
BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...
The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist ...
Two more Southwest Airlines board members will step down in April, finishing an overhaul in the company’s oversight group ...
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