BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...

Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...

BP (NYSE:BP) has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the ...

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

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

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

The oil major’s unit, which operates under the Castrol brand ... s “more aggressive” approach could be pushing BP for a sale or spinoff of businesses such as lubricants, US shale and ...

On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The report states that ...

The lubricants unit is now viewed as a valuable standalone ... BP Sharpens Focus With Exit From Non-Core Businesses The Castrol sale is part of BP’s broader restructuring effort, which includes ...

BP has sent out initial information to other potential bidders for the unit ... The sale would also remove a resilient component of BP’s earnings in a weakening oil market, they wrote. BP’s big ...

BP has been exploring all options around its Castrol business, including a possible sale, as part of a strategic review. The business would be expected to be worth around $6 billion to $8 billion, ...