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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 (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 division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...
The lubricants unit is now viewed as a valuable standalone ... BP Sharpens Focus With Exit From Non-Core Businesses The Castrol sale is part of BP’s broader restructuring effort, which includes ...
(Alliance News) - 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 ...
The oil major’s unit, which operates under the Castrol brand ... s “more aggressive” approach could be pushing BP for a sale or spinoff of businesses such as lubricants, US shale and ...
Bill Ackman invested nearly half a billion dollars in the shares of collapsed federally backed agencies Fannie Mae and ...
BP has sent out initial information to other potential bidders for the unit including investment firms Brookfield ... As part of a major corporate revamp, BP started a strategic review of the ...
BP has been exploring all options around its Castrol business, including a possible sale, as part of a strategic review. The business would be expected to be worth around $6 billion to $8 billion ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
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