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Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash flow, but have questioned whether the company can obtain such a price given ...
BP's Castrol lubricants business is attracting interest from companies such as India's Reliance Industries, Bloomberg News ...
BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...
BP Plc's Castrol lubricant business is drawing significant interest from a range of potential buyers, including Reliance ...
Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
Shares of Castrol India Ltd increased 6% on May 29 after Bloomberg reported that BP Plc’s Castrol lubricant business is ...
BP's Castrol division is attracting interest from Reliance Industries, Apollo Global Management and Lone Star Funds, Bloomberg reports, citing unnamed sources. --Initial bids are expected in ...
Castrol India share price gained more than 5% during the morning trades on Thursday as news reports suggested that large ...
BP's Castrol lubricant business attracts interest from energy companies and buyout firms, potentially fetching $8-10 billion ...
The business has also attracted interest from buyout firms Apollo Global ... fetch between $8 billion and $10 billion. Sign up here. BP has sent out initial information to other potential bidders ...
As part of a major corporate revamp, BP started a strategic review of the Castrol-branded business. Activist investor Elliott Investment Management has emerged as one of the company’s largest ...
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