Suncor reaches deal with activist investor Elliott Investment Management | CBC News

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Suncor reaches deal with activist investor Elliott Investment Management

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.'
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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.
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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
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