BP weighing sale of lubricants unit amid Elliott push - Bloomberg
BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
BP Investors Welcome Elliott as Oil Major Readies Strategy Reset
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
BP Considers Castrol Sale as Elliott Turns Up the Heat
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management ...
BP Weighs Sale of Castrol Lubricants Unit Amid Elliott Push
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...
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A BP-Shell merger would create a truly global UK oil champion
Items high on the agenda could be exiting petrol service stations, selling Castrol lubricants and US shale oil and gas, and ...
BP shares climb on prospect Elliott stake will drive change
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...
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 ...
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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 ...
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 ...
BP Is Said to Weigh Sale of Lubricants Unit With Elliott Pushing
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people familiar with the ...