elliott management bp - Search News

BP, Elliott

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.

Seeking Alpha on MSN · 2d

BP weighing sale of lubricants unit amid Elliott push - Bloomberg

BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many options the company is considering to win back investor confidence after years of lagging performance,

invezz on MSN · 11d

Three key changes Elliott could push BP to adopt

Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for three changes.

BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people familiar with the matter.

2d

BP Considers Castrol Sale as Elliott Turns Up the Heat

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

11don MSN

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

BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...

12don MSN

Elliott Takes Stake in Struggling Oil Giant BP

The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.

12d

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 ...

7d

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 ...

Yahoo Finance10d

BP stock jumps after news of Elliott Management's stake: BBG

BP (BP) shares jump in Monday's pre-market session after activist investor Elliott Management has taken up a stake in ...

11d

BP shares jumped 8% after renowned activist investor Elliott took a stake in the energy giant

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

Bloomberg L.P.8d

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 ...

2don MSN

BP investors demand vote on any plans to scrap climate goals

The oil giant is expected to go back on a promise to reach net zero carbon emissions by 2050 at a strategy meeting next week.

Results that may be inaccessible to you are currently showing.

Hide inaccessible results