BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the ...
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management ...
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
Amid a push from activist investor Elliott, BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could ...
The oil giant is expected to go back on a promise to reach net zero carbon emissions by 2050 at a strategy meeting next week.
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.
US activist hedge fund Elliott has made a move on troubled energy giant BP, a development that has driven the Telegraph into ...