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 ...
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost ...
Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...
BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a ...
BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could be worth about $10B, amid a push from ...