Elliot increases bp stake to 5% as it pushes reset strategy
April 23, 2025
(World Oil) – Elliott Investment Management has built up its stake in bp Plc to just over 5% of shares, as the activist investor continues its pressure campaign at the struggling oil giant. The stake, disclosed in a regulatory filing on Tuesday, would make Elliott one of bp’s largest shareholders, on par with Vanguard Group Inc., according to data compiled by
