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Bidders for BP’s Castrol weigh offers below expected $8bn valuation
Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash ...
Bidders for BP's Castrol weigh making offers below expected $8B - FT
BP's (NYSE:BP) planned sale of its Castrol lubricants business has drawn early interest from private equity and industry ...
BP seeks buyers for Castrol lubricants unit to reach $20 billion divestment goal, sources say
BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...
Mukesh Ambani sets eyes on this British company, plans to buy it for Rs 83000 crore, it is known for producing..., name is...
Many major companies and investment firms have shown interest in the deal. One of them is Reliance Industries Limited, owned ...
Shell-BP merger’s key ingredient is time
Wael Sawan must feel like it’s Groundhog Day. In recent weeks Shell’s chief executive has been fielding one question over and ...
BP's Castrol unit draws interest from Apollo, India's Reliance, Bloomberg News reports
BP's Castrol lubricants business is attracting interest from companies such as India's Reliance Industries, Bloomberg News ...
Bill Ackman and John Paulson’s mortgage gamble
Bill Ackman invested nearly half a billion dollars in the shares of collapsed federally backed agencies Fannie Mae and ...
Reliance, Aramco eye BP's Castrol unit in potential $10 billion deal
BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...
BP (BP) Nears Castrol Sale Amid Strategic Shifts and Investor Pressure
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
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BP Begins Sale of Castrol in $20B Asset Divestment Strategy
BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...
Mukesh Ambani plans to buy a big British company for Rs 83000 crore, company is…, bidding to start from…
Mukesh Ambani's Reliance Industries is also known to have acquired assets in the UK, including the Stoke Park luxury hotel ...
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Suitors Line Up for BP’s Castrol Unit
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 ...