Elliott builds £3.8bn stake in BP and seeks big asset sales
US activist hedge fund wants oil major to reduce spending on renewable energy
Read more at Financial Times
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Hampshire owners snap up Southern Brave stake as Hundred sale hits £1bn
Delhi Capitals co-owners GMR Group secure 49% share Four of the eight franchises will now have IPL backers English cricket has completed arguably its greatest transformation in living memory ...The Guardian - 1d -
WK Kellogg’s sales fall short as consumers seek value and as Special K loses share
WK Kellogg Co.’s stock fell 1.8% Tuesday after the breakfast-cereal company’s fourth-quarter adjusted profit swept past estimates but failed to offset a sales miss, as the company continues to ...MarketWatch - 1d -
Investors warn BP will face radical changes after Elliott takes stake
Activist could push for board changes, a New York listing and sale of assets, say shareholdersFinancial Times - 2d -
BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major.CNBC - 3d -
Activist hedge fund Elliott builds stake in struggling BP
US investor could force UK oil company to refocus on core fossil fuels business or even pursue a full break-upFinancial Times - 4d -
Modi's BJP wins big in high-stakes Delhi election
PM Modi's party is set to form a government in the Indian capital after 27 years.BBC News - 4d -
Family files lawsuit seeking to halt sales of Galaxy Gas and other nitrous oxide after woman's death
Nitrous oxide sold in colorful tanks with candy-like flavors that consumers are inhaling to get high is creating a “veritable national health crisis,” a lawsuit says.NBC News - 5d -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 5d -
Silicon Valley and Indian investors spend big as English cricket goes up for sale
Foreign investors have been googly-eyed about English soccer for decadesABC News - 5d
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Trump opens the door to Putin’s grandest ambitions
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Britain will not thrive in a might is right world
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This fund surged 40% last year. The manager now likes Netflix and these two stocks.
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