Elliott Acquires BP Stake
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Hedge fund Elliott ManagementCNBC
•Business
Business & Economics
BP shares jump 5% as activist investor Elliott discloses stake build

84% Informative
Hedge fund Elliott Management has built its holding in the British oil major to 5.006% , according to a regulatory filing disclosed late Tuesday .
BP shares were last seen up 4.9% at 10:15 a.m. London time.
The London -listed stock price is down around 5% year-to-date .
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