Elliott's Activism in Europe
Elliott’s Activism Success Gives Hope for BP’s Depressed Shares 11 February 2025
According to Bloomberg, BP shareholders are hopeful that Elliott Investment Management’s activist track record could unlock value in the underperforming stock. News of Elliott’s stake sent BP’s shares soaring by as much as 8.2%, reflecting investor optimism.
Commenting to Bloomberg, SquareWell Partner Ali Saribas noted that while Elliott has a strong success rate in the U.S., its European campaigns have seen more varied outcomes. In the U.S., activist efforts often proceed with less resistance, whereas European markets can be more unpredictable.
Elliott’s move signals potential strategic changes at BP, with analysts highlighting the activist’s ability to pressure companies into reassessing their direction. With BP set to provide a capital markets update on February 26, the market will be watching whether Elliott’s involvement will drive meaningful shifts in leadership or strategy.
The article can be accessed here.
