Activist Investor Pushes for Shell Breakup
Dan Loeb, founder of Third Point LLC, criticised Shell for having conflicting strategies, and too many competing stakeholder voices. Photo: Steve Marcus/Reuters Activist investor Dan Loeb of Third Point is pushing for a break up of Royal Dutch Shell ( RDSA.L ), having built a position in the oil major. The challenge represents the most serious threat to Shell's strategy at a time when it is both attempting to embrace a transition to net zero and pump more oil and gas...
Login to comment.