it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its downstream retail business with the goal of "unlocking shareholder value."
"Suncor is committed to the ongoing renewal of its board of directors to ensure we maintain diverse and qualified directors who are charged with overseeing the company's strategy and driving shareholder value," board chair Michael Wilson said in a statement. Elliott had expressed frustration in April in what it called a recent decline in performance at the energy producer.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Suncor reaches deal with activist investor Elliott Investment ManagementSuncor Energy Inc. says it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its downstream retail business with the goal of “unlocking shareholder value.”
स्रोत: TorontoStar - 🏆 60. / 55 और पढो »
Suncor to review retail business, add directors in deal with activist investor Elliott InvestmentThe Suncor-Elliott agreement will also see three new independent directors join the company’s board
स्रोत: globeandmail - 🏆 5. / 92 और पढो »
Suncor adding directors, mulls sale of gas station business - BNN BloombergSuncor announced a truce with an activist investor that will see the Canadian oil sands giant expand its board of directors and possibly sell its retail business. Goodbye Retail start the bidding Why get rid of the Retail when there is a death at a mine. I think the business model the way it is helps keep it profitable even when prices are low.
स्रोत: BNNBloomberg - 🏆 83. / 50 और पढो »
Suncor reaches deal with activist investor Elliott Investment ManagementSuncor Energy Inc. says it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its downstream retail business with the goal of “unlocking shareholder value.”
स्रोत: TorontoStar - 🏆 60. / 55 और पढो »