Phillips 66 subsidiary, Phillips 66 Continental Holding GmbH, has agreed to sell a 65% interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned ...

Phillips 66 agreed to divest a majority stake in its Germany and Austria retail marketing business to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.

Elliott, which holds a $2.5 billion stake in Phillips 66, has been pushing for major changes at the company, including the ...

HOUSTON-- ( BUSINESS WIRE )--Phillips 66 (NYSE:PSX) (the “Company”) today filed an investor presentation with the U.S.

Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top-five shareholder in Phillips 66 (the "Company" or "Phillips"), today announced that leading independent ...

Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of Bulgarian infrastructure asset ...

At Phillips 66, the tone is less friendly. Nonetheless, Elliott’s campaign includes the claim that a break-up could theoretically lead to a “sum-of-the-parts” valuation that boosts the company’s ...

Under former chief executive Philippe Schaus, Moët Hennessy pursued hit-and-miss deals, a lossmaking drive into direct-to-consumer sales and sharp price increases. Yet he ascended to be one of ...

In a trade truce with the U.S., Beijing tells Chinese airlines that they can resume taking delivery of pre-existing jet orders. Stephen Hemsley will return to running the healthcare giant he helped ...

Oil futures rise for a fourth straight session on improved sentiment after the U.S. and China agreed to cut tariffs for 90 days, which has eased concerns about loss of demand at a time when OPEC+ is ...

Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm ...

Elliott Investment Management scored a key endorsement this week in its heated proxy battle at oil refiner Phillips 66, which ...