News

BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...
The oil major’s unit, which operates under the Castrol brand, could be worth about $10 billion in a deal, the people said, asking not to be identified as the matter is private. A sale of the ...
BP's planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, ...
Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...
BP has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, Reuters reported.
BP (bp) is contemplating the sale of its Castrol lubricants business, a move that could value the unit at approximately ... based on earnings before interest, taxes, depreciation, and amortisation ...
BP has sent out initial information to other potential bidders for the unit including investment firms Brookfield ... As part of a major corporate revamp, BP started a strategic review of the ...
BP has been exploring all options around its Castrol business, including a possible sale, as part of a strategic ... was first to report about Aramco's interest in Castrol on Wednesday, which ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...