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Oil-to-telecom conglomerate Reliance Industries (RIL) is among the suitors vying for British Petroleum’s (BP) Castrol ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
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 ...
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BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...
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 ...
BP has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, Reuters reported.
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 ...
BP's Castrol lubricant business attracts interest from energy companies and buyout firms, potentially fetching $8-10 billion ...
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 hired investment bank Goldman Sachs to sell the unit, the sources said ... The group said in February it was reviewing Castrol as part of a plan to raise $20 billion by 2027 via asset sales ...
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