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BP shows activists are often pushing at an open door

Financial Times LogoFinancial Times14h ago

BP shows activists are often pushing at an open door - Financial Times

Quick Summary:

FTSE 100 conglomerate Smiths Group announced a break-up not long after US activist Engine Capital called on it to split.

Rather than having to lay siege to boards and management, they now appear to be pushing at an open door.BP is a prime example.

By way of reference, the average annual turnover of chief executives in the S&P 500 index is 12 per cent.

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Article Details

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 11:35:43 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 557 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 26458340

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 13 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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The story "BP shows activists are often pushing at an open door" was covered 14 hours ago by Financial Times, a news publisher based in United States.

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Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

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