BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...

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 kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...

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 ...

The Castrol business manufactures lubricants for automobiles and various industries. The asset has drawn particular interest due to ... or all of BP’s Castrol unit. These new potential buyers ...

The lubricants unit is now viewed ... Saudi Aramco had expressed interest in Castrol. While no bidder has been officially named, the commencement of the formal sale process and the hiring of ...

BASF SE has kicked off a sale of its coatings business, in a process that could value the unit at about €6 billion ($6.8 billion) and attract bids from large buyout firms, according to people familiar ...

Bill Ackman invested nearly half a billion dollars in the shares of collapsed federally backed agencies Fannie Mae and ...

BASF agreed in February to sell its Brazilian paint business to Sherwin-Williams for $1.15 billion. It has also hired ...