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For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...
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 ...
--The offers might rise but BP needs to sell Castrol for a $12 billion enterprise value if it is to boost free cash flow, the FT reports, citing analysts.
BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...
Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...
BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
BP Plc's Castrol lubricant business is drawing significant interest from a range of potential buyers, including Reliance ...
Castrol India stock rose 6.80% to Rs 220.50 against the previous close of Rs 206.45 on BSE. Market cap of the firm stood at ...
BP's Castrol lubricant business attracts interest from energy companies and buyout firms, potentially fetching $8-10 billion ...
BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...
Shares of Castrol India Ltd increased 6% on May 29 after Bloomberg reported that BP Plc’s Castrol lubricant business is ...