BP Shares Surge on Elliott Stake
This is a London news story, published by CNBC, that relates primarily to Paul Singer's news.
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BP stockCNBC
•Business
Business & Economics
BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major

77% Informative
The company has declined to comment on the reports, which do not specify the size of the stake accrued by Paul Singer's hedge fund.
BP stock was up 7.14% at 8:41 a.m. London time.
The British oil major is set to unveil its fourth-quarter results on Tuesday .
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