Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.
Elliott Management, managing $70B, has reportedly taken a stake in BP, urging significant changes to improve performance.
Shares in oil major BP rose as much as 7% to their highest since August in early trade on Monday after Reuters reported ...
Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for ...