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 change.
BP break-up pressure builds as activist investor Elliott takes stake
BP is under mounting pressure to break itself up and ditch its net zero projects after activist hedge fund Elliott built a stake in the business.
BP shares jump after activist hedge fund Elliott takes stake
Shares in BP rose almost 7 per cent in early trading on Monday as investors responded to the news that activist hedge fund Elliott Management had built a stake in the struggling oil major. The shares rose to 462p,
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.
BP Stock Jumps as Elliott Reportedly Builds Stake
BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking to make changes.
Activist hedge fund Elliott builds stake in struggling BP
US investor could force UK oil company to refocus on core fossil fuels business or even pursue a full break-up
BP Shares Gain As Activist Hedge Fund Elliott Takes Stake
Shares of BP Plc. were gaining around 7 percent on the London Stock Exchange and in pre-market activity on the NYSE, after media
Elliott’s Activism Success Gives Hope for BP’s Depressed Shares
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist Elliott Investment Management LP’s track record to help them extract some value from their positions.
BP shares surge as activist investor Elliott builds stake
BP (NYSE:BP) +6.7% pre-market Monday, poised to open at its highest since August, after activist investor Elliot Management was reported to have taken a significant stake in the company. Elliott believes BP (NYSE:BP) is significantly undervalued and is seeking to boost shareholder value by pushing the company to consider "transformative measures"
BP shares pop 6% 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 ...
Crude Oil Prices1d
Elliott Investment Management Targets BP for Strategic Overhaul
BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...
Hedge fund Saba's Weinstein steps up campaign against UK investment trusts
Saba Capital Management has added more UK investment trusts to its activist campaign and plans to further shake up the sector ...
BP executive promises 'reset' after profits fell in 2024
BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...
US raid on BP shows how low Britain has sunk
BP pump. Pull up the drawbridge, man the barricades – the most venerable of British institutions is under siege. Activist ...