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LONDON (Reuters) - Activist hedge fund Elliott holds 5.006% of voting rights in BP, according to a regulatory notice published on Tuesday, crossing the threshold that requires reporting of big ...
BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major.
Elliott would like BP to cut its spending to around $12 billion a year, down from a current range of $13 billion-$15 billion, through to 2027, and deepen its cost cuts, especially on ...
Activist investor Elliott Investment Management reportedly wants BP to remove Giulia Chierchia, the oil company's top executive for strategy, sustainability and ventures.
BP is considering Sam Laidlaw, the former chief executive of British Gas owner Centrica , as a leading candidate to succeed ...
Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and ...
BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major.