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 planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, ...

The offer for sale of the Castrol lublicants business of BP PLC has attracted interest, but some possible bids may be below the USD8 billion the UK oil major needs to meet its target of USD20 billion ...

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

Emkay Global Financial is bullish on Gulf Oil Lubricants has recommended buy rating on the stock with a target price of Rs ...

The Financial Times highlights key developments, including bidders undervaluing BP's Castrol, AstraZeneca's promising breast ...

BP Castrol K.K., together with its subsidiaries, manufactures and sells automotive lubricants in Japan. The company offers gasoline and diesel engine oil, automotive gear oil, lake fluid ...

BASF agreed in February to sell its Brazilian paint business to Sherwin-Williams for $1.15 billion. It has also hired ...

Markets traded strong ahead of the Nifty's weekly expiry, Defense and railway stocks led the rally, with Cochin Shipyard and ...

For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...

Carve-outs offer strong returns but their complexity makes it a tough market to crack, according to sector specialists.