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2025-02-13 13:32:02

tzongocu on Nostr: šŸ“° News Alert: šŸ”– Title: Activist hedge fund reportedly amasses Ā£3.8bn stake in ...

šŸ“° News Alert:
šŸ”– Title: Activist hedge fund reportedly amasses Ā£3.8bn stake in BP
šŸ—“ļø Published: Thu, 13 Feb 2025 13:13:24 GMT
šŸ“„ Summary: Elliott Management has acquired a 5% stake in BP worth nearly Ā£3.8bn, making it the third-largest shareholder, and is expected to push for strategy changes, potentially including abandoning the green energy pledge. This move could have significant implications for BP's future direction and operations.
šŸ”— https://www.theguardian.com/business/2025/feb/13/activist-hedge-fund-reportedly-amasses-38bn-stake-in-bp
šŸ—žļø Source: Business | The Guardian
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