Suncor 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."The Canadian PressActivist investor Elliott Investment Management LP had expressed frustration in April in what it called a recent decline in performance at Suncor Energy Inc.
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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.”
Source: TorontoStar - 🏆 60. / 55 Read more »
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.'
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Suncor reaches deal with activist investor Elliott Investment Management | Globalnews.caThe agreement between Suncor Energy and Elliott Investment Management LP announced Monday will also see three new independent directors join the company's board.
Source: GlobalNational - 🏆 81. / 51 Read more »
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
Source: globeandmail - 🏆 5. / 92 Read more »