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BP shares jump 7% after Elliott Management takes stake – will there be leadership changes?The size of Elliott’s holding has not been disclosed, but its involvement is already fuelling speculation about potential changes to BP’s strategy and leadership. The stock climbed to 462p ...
including cost cuts and potential leadership changes. The push came despite BP’s recent shift to hydrocarbons, following a strategy revamp last month. BP has lagged rivals Shell and ExxonMobil ...
These discussions include potential deeper cost reductions and leadership reshuffles. The focus is on addressing BP's underperformance compared to peers and demanding more significant changes than ...
BP) shareholders to try to forge a consensus for more changes at the company that could include cost cuts and potential changes in leadership, Reuters reported Friday. BP (BP0 recently accelerated ...
Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential leadership ...
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it to the ...
Elliott, some investors want deeper change at BP, sources say Cost cuts ... oil major that could include cost cuts and a potential leadership reshuffle, two shareholders told Reuters.
writes Davide Ghilotti UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it ...
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