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BRIEF-Elliott Has Built Near 5% Stake In BP, Says Source Familiar With The Matter

ReutersFeb 13, 2025 1:52 PM

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  • ELLIOTT HAS BUILT A NEAR 5% STAKE IN BP - SOURCE FAMILIAR WITH THE MATTER

  • ELLIOTT IS ASKING BP FOR A BIG DIVESTMENT PROGRAM -SOURCE

  • ELLIOTT IS NOT ASKING FOR BP TO RELIST IN THE US -SOURCE

  • ELLIOTT IS NOT LOOKING FOR INCREASE IN OIL AND GAS SPENDING BY BP -SOURCE

  • ELLIOTT SUPPORTS BP'S STANDALONE STRATEGY, NOT MERGER -SOURCE

Source text: [ID:]

Further company coverage: BP.L

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