A proxy battle started by an activist investor is becoming more intense. An activist investor's battle for influence at ...

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

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.

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 ...

Oil futures rise for a fourth straight session on improved sentiment after the U.S. and China agreed to cut tariffs for 90 days, which has eased concerns about loss of demand at a time when OPEC+ is ...

Shareholders made billions, CEOs learned a lesson in discretion, and activists continue to prosper and profit.

An Italian regional court has overturned some of the restrictions imposed by a recent government decree on the development of ...

Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm ...

Elliott Investment Management scored a key endorsement this week in its heated proxy battle at oil refiner Phillips 66, which ...