A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

ADNOC is most interested in BP's LNG and gas fields, rather than taking over the entire company, according to people with ...

Oil-to-telecom conglomerate Reliance Industries (RIL) is among the suitors vying for British Petroleum’s (BP) Castrol ...

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

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

BP's Castrol lubricant business is attracting interest from energy companies including Reliance Industries and buyout firms, ...

Earlier in March, BP's lubricants unit had fetched interest from Saudi Arabia's state-owned oil corporation Aramco, according to PTI. Bloomberg reported that banks are willing to back companies in ...

In March, Bloomberg had reported that Saudi Arabian oil giant Saudi Aramco was considering acquiring part or all of BP's Castrol unit ... weeks before initial bids are submitted.

These bidders will join Saudi Aramco as they explore opportunities to bid for all or part of the business. Last week, Reuters reported that BP is actively seeking buyers for its Castrol unit.