In selling the selection to the City, BP and its advisers have pointed to Manifold's stellar, under-the-radar performance at ...

BP has been accused of “chronic underperformance” by US hedge fund Elliott as it stepped up pressure on the struggling oil ...

While the stock has not outperformed its peers over the past five years, the company has become a potential takeover target for larger firms. Even if a takeover doesn’t happen, the activist investor ...

Elliott also backs BP's independent strategy and did not propose a merger, according to the source. BP said that it will be laying out a fundamental reset of its strategy on February 26.

Elliott Investment Management, one of BP's largest shareholders, on Monday called on the energy giant's new chairman Albert ...

Elliott Investment Management, which is one of BP Plc’s largest shareholders, wants the energy giant’s incoming chairman to urgently improve the firm’s cost base and capital allocation, citing a weak ...

BP Plc has appointed Albert Manifold to succeed Helge Lund as chair of the company, according to a July 21 press release.

On Monday, BP announced Albert Manifold, former head of building materials producer CRH, as its new chairman. This ...

BP named outsider Albert Manifold, the former boss of building materials producer CRH , as its new chairman on Monday, as it ...

It’s built up a nearly 5% interest in BP, according to the people, which would be worth around £3.7 billion ($4.6 billion) at BP’s current share price and make it one of Elliott’s biggest ...

Update at 3 p.m. Adds response from BP. Elliott Investment Management has acquired a stake in BP (NYSE:BP), Bloomberg reported Saturday, citing people familiar with the matter.

Elliott, which is BP's second-largest shareholder after amassing a stake of slightly more than 5%, reportedly is not pushing for the removal of CEO Murray Auchincloss despite its ...