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's (NYSE:BP) planned sale of its Castrol lubricants business has drawn early interest from private equity and industry ...

BP's Castrol lubricants business is attracting interest from companies such as India's Reliance Industries, Bloomberg News ...

Many major companies and investment firms have shown interest in the deal. One of them is Reliance Industries Limited, owned ...

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

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

BP's Castrol lubricant business attracts interest from energy companies and buyout firms, potentially fetching $8-10 billion ...

BP Plc’s Castrol lubricant business is attracting interest from energy companies including Reliance Industries Ltd. and buyout firms such as Apollo Global Management and Lone Star Funds ...

Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...

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

As part of a major corporate revamp, BP started a strategic review of the Castrol-branded business. Activist investor Elliott Investment Management has emerged as one of the company’s largest ...

The business has also attracted interest from buyout firms Apollo Global ... fetch between $8 billion and $10 billion. Sign up here. BP has sent out initial information to other potential bidders ...