Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for ...
According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...
Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...
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