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For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...
--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.
Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash ...
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 kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
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BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...
BP Plc's Castrol lubricant business is drawing significant interest from a range of potential buyers, including Reliance ...
BP's Castrol lubricant business is attracting interest from energy companies including Reliance Industries and buyout firms, ...
Castrol, Deloitte, Mars, Philip Morris International, Unilever, and ZS Explore How Agentic AI Is Transforming Enterprise ...