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Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash flow, but have questioned whether the company can obtain such a price given ...
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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 ...
BP's Castrol lubricants business is attracting interest from companies such as India's Reliance Industries, Bloomberg News ...
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 (NYSE:BP) has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the ...
BP's Castrol lubricant business attracts interest from energy companies and buyout firms, potentially fetching $8-10 billion ...
BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...
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 ...
BP's Castrol lubricant business is attracting interest from energy companies including Reliance Industries and buyout firms, ...
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 ...
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