Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...
Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake
The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
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 ...
Reuters on MSN2d
BP shares hit highest since August on news of Elliott stake
Shares in oil major BP rose by 7% to their highest since August in early trade on Monday, after Reuters reported activist investor Elliott Management had built up a stake in the company, citing a ...
Business Insider3d
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 giant BP (BP). This move has stirred up the London market, where ...
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Heavyweight hedge fund Elliott says Trump administration driving a crypto frenzy
Elliott Investment Management, a roughly $70 billion activist fund with a fierce reputation led by Paul Singer, said in a letter to clients that it "has never seen a market like this," according ...
The Financial Times13d
Hedge fund Elliott warns White House is inflating crypto bubble that ‘could wreak havoc’
The Trump administration’s embrace of cryptocurrencies is helping fuel a speculative mania that could cause “havoc” when prices collapse, the hedge fund Elliott Management has warned.