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.
Famed activist investor Elliott Investment Management exited its position in Cardinal Health (NYSE:CAH), dumping 2M shares in Q4, according to its 13F filing. The hedge fund increased its stake in ...
CNBC's Andrew Ross Sorkin reports on the latest news.
When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...
BP (BP) shares jump in Monday's pre-market session after activist investor Elliott Management has taken up a stake in the oil ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...
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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 ...
According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...
The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter ...
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