News
BP will look to divest its lubricants unit, which operates under the Castrol brand and could potentially be worth about $10 billion. (Waldo Swiegers/Bloomberg) ...
Deliberations are ongoing. One Rock and CPPIB could decide against proceeding with their offers, as per the report. Reuters reported in May that BP kicked off the sale of the Castrol lubricants ...
--Saudi Aramco is considering a bid for BP's Castrol assets and could look to combine them with its Valvoline lubricants unit, Bloomberg reports, citing unnamed sources.
BP could sell off more assets in a fresh costs review, as the energy giant continues its push to improve profitability.
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 ...
Before that, on February 26, 2025, BP management unveiled a strategic plan to divest around $20 billion in assets by the end of 2027. The Castrol lubricants business was among the first to undergo ...
Private equity firm Clayton Dubilier & Rice has entered the competition to acquire BP's Castrol lubricant business valued at ~$8B, Sky News reports.
BP Plc's Castrol lubricant business is drawing significant interest from a range of potential buyers, including Reliance Industries, Apollo Global Management, Lone Star Funds, Brookfield Asset ...
BP’s Castrol unit gets One Rock Capital Partners’ bid, Bloomberg News reports Stock Markets Published 07/23/2025, 04:28 PM Updated 07/23/2025, 05:30 PM ...
Its Mumbai-listed subsidiary Castrol India Ltd. has a market value of about $2.5 billion. Shares of BP gained as much as 2% in London trading on Wednesday, the biggest intraday gain in more than ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results