elliott management - Search News

Elliott builds £4bn stake in BP

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.

Crude Oil Prices · 1d

Elliott Wants Big Asset Sales at BP After Building $4.75-Billion Stake

Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic changes at the oil and gas giant.

Bloomberg L.P. · 1d

Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence

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.

16h

BP Investors Welcome Elliott as Oil Major Readies Strategy Reset

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

1d

Hedge fund Elliott commands attention in C-suites as relentless activist

When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...

GlobalData on MSN2d

Elliott Investment Management invests $2.5bn in Phillips 66

Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for ...

3don MSN

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 ...

5d

Elliott Management Targets BP Stake, Fueling Takeover Buzz

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...

3don MSN

Activist Elliott Management ramps up stake in Phillips 66 to $2.5 billion

CNBC's Andrew Ross Sorkin reports on the latest news.

5d

BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major

BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...

3don MSN

Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake

The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.

3d

BP's Q4 disappoints as Elliott Mgmt. discloses stake in Phillips 66

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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