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.

Phillips 66 reached a definitive deal to sell a 65% stake in its retail marketing business in Germany and Austria.

Phillips 66 is making divestments ahead of its proxy fight vote as Elliott aims to break the refining giant into parts.

National Grid beat annual profit estimates on Thursday, helped by higher earnings from its UK electricity transmission and ...

A Phillips 66 subsidiary, Phillips 66 Continental Holding GmbH, has agreed to sell a 65% interest in its Germany and Austria retail marketing business, including JET-branded sites, to Carrera Bidco ...

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.

Elliott, which holds a $2.5 billion stake in Phillips 66, has been pushing for major changes at the company, including the ...

HOUSTON-- ( BUSINESS WIRE )--Phillips 66 (NYSE:PSX) (the “Company”) today filed an investor presentation with the U.S.

Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of Bulgarian infrastructure asset ...

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 ...

Under former chief executive Philippe Schaus, Moët Hennessy pursued hit-and-miss deals, a lossmaking drive into direct-to-consumer sales and sharp price increases. Yet he ascended to be one of ...

In a trade truce with the U.S., Beijing tells Chinese airlines that they can resume taking delivery of pre-existing jet orders. Stephen Hemsley will return to running the healthcare giant he helped ...