News

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 ...
BP's Castrol lubricant business attracts interest from energy companies and buyout firms, potentially fetching $8-10 billion ...
BP's Castrol division is attracting interest from Reliance Industries, Apollo Global Management and Lone Star Funds, Bloomberg reports, citing unnamed sources. --Initial bids are expected in ...
BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...
Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...
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 ...
Many major companies and investment firms have shown interest in the deal. One of them is Reliance Industries Limited, owned ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
Shares of Castrol India Ltd increased 6% on May 29 after Bloomberg reported that BP Plc’s Castrol lubricant business is ...
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 ...