BP Promises Big Changes After Attracting An Uninvited Guest
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
Is INEOS starting to fall out of love with sport?
But this is also a standard move from the INEOS playbook. Go in, strip down the asset, and raise profits — it happened at ...
Elliott Urges BP to Ditch Green Investments as it Builds 5% Stake
Elliott Management, the activist investor, has built a stake of almost 5% in BP (BP) and is pressing the oil producer to abandon its green ...
BP shares climb on prospect Elliott stake will drive change
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 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 ...
Upstream17hOpinion
BP is ripe for change – but can its leaders deliver?
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
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 ...
BP Touts ‘New Beginning,’ Fundamental Change in Strategy
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
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BP shares climb on prospect Elliott stake will drive change
LONDON (Reuters) - Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press ...
BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...
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 ...