When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
Activist investor Elliott Investment Management lifted its stake in energy company Phillips 66 (PSX) with over $2.5 billion ...
Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...
Activist 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 spending on ...
“Elliott’s team is truly scary smart. Sometimes the emphasis is on ‘smart’ and other times it is on ‘scary’,” said Kai ...
Elliott Investment Management L.P., which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), sent a letter ...
Shares in BP rose on reports that activist hedge fund Elliott Management has built up a stake ... where it has expertise and a strong growth portfolio, Jefferies analysts Giacomo Romeo and Kai ...
Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...
Feb. 11, 2025 /PRNewswire/ -- Elliott Investment Management ... In that situation, board and management enhancements led to operational improvement, portfolio-rationalization and significant ...
The largest of Elliott’s currently publicly disclosed energy positions is in Suncor Energy, after the fund built a stake in ...
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...