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.
Auchincloss has pledged a root-and-branch overhaul of BP's strategy. The company is in crisis after it revealed profits ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...
According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist ...
The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.
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