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Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led ...
Paul Singer, Elliott Management's founder, made bold energy bets in Q1 of 2025, investing $2B each in Phillips 66 and Suncor Energy, while trimming exposure to broader market ETFs.
About 840 of the sites operate under Phillips 66’s Jet fueling brand. The deal is expected to close in the second half of ...
Proxy advisory firm Glass Lewis said shareholders of Phillips 66 should vote for three board nominees put forward by Elliott ...
Phillips 66 agreed to divest a majority stake in its Germany and Austria retail marketing business to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.
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Phillips 66 to Divest Majority Stake in European Fuel Retail UnitPSX is divesting a 65% stake in its Germany and Austria retail business, valued at $2.8 billion, as part of its strategy to ...
At Phillips 66, the tone is less friendly. Nonetheless, Elliott’s campaign includes the claim that a break-up could theoretically lead to a “sum-of-the-parts” valuation that boosts the company’s ...
A proxy battle started by an activist investor is becoming more intense. An activist investor's battle for influence at ...
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