BP Pledges Strategy ‘Reset’ as Activist Elliott Builds Stake
BP Plc pledged major changes at its upcoming strategy update after reporting a sharp drop in profit, as the company seeks to reverse a prolonged period of under-performance that has now drawn in activist Elliott Investment Management.
According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...
Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for ...
Activist investor Elliott Investment Management has built a stake in London-listed oil major BP , a person familiar with the issue said, boosting shares to their highest since August in early trade on ...
Major UK-based oil producer BP (BP) is advancing 6% today after an activist investor reportedly acquired a meaningful stake ...
Oil giant BP's profits dropped sharply last year with the firm saying it will "fundamentally reset" its strategy. It is ...
British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled ...
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