Elliott wants big asset sales at BP after building $4.75-billion stake
February 13, 2025
(Oil Price) – Elliott Management is pushing for major asset sales at BP to address the undervalued shares of the UK-based supermajor after the U.S. activist investor built a stake of nearly 5% worth about $4.75 billion (3.8 billion British pounds), the Financial Times reported on Thursday, quoting sources familiar with the matter. News of Elliott’s recently-built stake in BP, which now makes
