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April 22 (Reuters) - Activist investor Elliott Management has urged BP (BP.L), opens new tab to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant ...
(Reuters) - Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential ...
Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...
Activist investor Elliott Management has declared a stake of over 5% in BP and has urged the company to boost cash flow via spending cuts. “Eight weeks ago, we announced a fundamentally reset ...
Invezz.com - BP (LON: BP) shares climbed by more than 5% on Wednesday after hedge fund Elliott Management revealed a 5.006% stake in the British oil major. The stock was up 5.11% at 10:12 a.m. London ...
Elliott has met with more than 20 investors who are among BP's largest active shareholders, the source said. Reuters reported in March that Elliott had discussed the need for deeper spending and ...