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, which invests $70 billion, has a strong record in the energy sector and has made successful investments at Marathon ...

And another scoop: Two of FTI Consulting’s top economics experts in Europe have left to join Jonathan Orszag’s upstart rival ...

Proxy advisory firm Glass Lewis said shareholders of Phillips 66 should vote for three board nominees put forward by Elliott ...

Proxy advisory firm Glass Lewis recommended over the weekend that Phillips 66 (NYSE:PSX) shareholders vote for three board ...

Stonepeak and Energy Equation Partners acquired a 65% interest in JET Tankstellen Deutschland from Phillips 66 in a transaction valuing the business at US$2.8 billion.

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.

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 announced that its subsidiary, Phillips 66 Continental Holding GmbH, has entered into a definitive agreement to divest a 65 percent interest in its Germany and Austria retail marketing ...

Stonepeak and Energy Equation Partners have agreed to buy a majority stake in JET Tankstellen Deutschland from a subsidiary of Phillips 66. The transaction values JET at an enterprise value of ...

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 ...