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.
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost ...
US activist hedge fund Elliott has made a move on troubled energy giant BP, a development that has driven the Telegraph into ...
A group of 48 investors has written to BP Chairman Helge Lund calling for a shareholder vote on any plans the company has to ...
Influential shareholder group calls for vote before any significant reversal of climate strategy, it is reported ...
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