Hedge fund Elliott commands attention in C-suites as relentless activist
By Svea Herbst-Bayliss NEW YORK (Reuters) -When Elliott Investment Management buys into a company to agitate for change, ...
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BP Stock In Spotlight After Report Says Elliott Acquires About $5B Stake, Aims To Push For Asset Sales: Retail Mood Brightens
BP Plc (BP) stock garnered retail attention premarket on Thursday after a report said activist investor Elliott has taken up a nearly $5 billion stake in the company and would push for asset sales. A ...
Elliot builds near 5% stake in BP, becomes third-biggest shareholder - FT
Elliott Management became the third-largest shareholder of British oil giant BP (NYSE:BP) by acquiring a near-5% stake valued at approximately £3.8 billion ($4.74 billion), the Financial Times ...
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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 ...
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 ...
Elliott builds £4bn stake in BP as it seeks to force renewables cuts
Activist hedge fund Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost £3.8bn, as it seeks to force the troubled UK oil major to cut ...
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Elliott Investment Management invests US$2.5 billion in Phillips 66
An investor believes the Phillips 66 midstream business could be worth more than US$60 billion if sold or spun off.
News Highlights: Top Energy News of the Day - Thursday at 4 AM ET
The company's move is "positioning us to accelerate" cash-generation, its vice chairman tells Barron's. Oil futures posted their first loss in four sessions on Wednesday after official U.S. data ...