--Elliott Investment Management believes BP's strategy reset lacks urgency and ambition, Bloomberg reports, citing unnamed sources.
-- The activist investor, which might hold a nearly 5% stake of BP, could increase pressure on the oil major after the reset fell short of its expectations, Bloomberg reports.
--Representatives for Elliott and BP declined to comment, Bloomberg said.
Full story: https://tinyurl.com/2bfdfbz6
Write to Adam Whittaker at adam.whittaker@wsj.com
(END) Dow Jones Newswires
February 27, 2025 07:31 ET (12:31 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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