Phillips 66 is making divestments ahead of its proxy fight vote as Elliott aims to break the refining giant into parts.

Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led ...

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

Activist investor Elliott Management has won the backing of influential proxy adviser Institutional Shareholder Services for ...

Institutional Shareholder Services on Monday recommended that investors back all four board nominees put forward by activist ...

David Faber discusses the latest details on Elliott's proxy fight with Phillips 66.

Disagrees with ISS’ and Glass Lewis’ Recommendations which Failed to Address Critical Issues Reiterates The Strength Of Phillips 66’s Highly Qualified Board And Nominees HOUSTON, May 13, ...

Phillips 66 reached a definitive deal to sell a 65% stake in its retail marketing business in Germany and Austria.

Phillips 66 did not immediately respond to a request for comment. Elliott said the ISS report's recommendations "fully validate Elliott's case for change." Investors often take recommendations ...

NEW YORK (Reuters) -Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm Institutional Shareholder Services (ISS ...

NEW YORK (Reuters) -Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm Institutional Shareholder Services (ISS) recommended ...

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 ...