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

  • 📰 CBCCalgary
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 78. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.'
Source: CTVNews - 🏆 1. / 99 Read more »

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 »