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

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

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

Phillips 66 (PSX) announced on Thursday the sale of a 65% stake in its Germany and Austria retail marketing business to a ...

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 ...

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 ...

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

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

The battle for control at Phillips 66 has escalated into one of the most closely watched corporate governance confrontations ...

This Financial Times report highlights major financial developments including Elliott Management's proxy battle at Phillips ...

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

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