News

BP's (NYSE:BP) planned sale of its Castrol lubricants business has drawn early interest from private equity and industry ...
Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash ...
Oil-to-telecom conglomerate Reliance Industries (RIL) is among the suitors vying for British Petroleum’s (BP) Castrol ...
Potential buyers of BP's lubricants business Castrol are considering offers below ... with Chinese state-owned investment company Citic considering a bid, alongside Apollo, Lone Star, Aramco ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
BP Plc’s Castrol lubricant business is attracting ... BP has sent out initial information to other potential bidders for the unit including investment firms Brookfield Asset Management and ...
The Financial Times highlights key developments, including bidders undervaluing BP's Castrol, AstraZeneca's promising breast ...
BP acquired Castrol in 2000, in a deal valued at 3 billion ... BP's divestments also include the sale of a 50% stake in Lightsource bp, with bidders due to be short-listed in July, Reuters reported.
BP acquired Castrol in 2000 for approximately £3 billion ... and a 50% stake in Lightsource bp — BP’s solar energy joint venture. Bidders for the Lightsource stake are expected to be ...