BP (NYSE:BP) has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the ...

The group said in February it was reviewing Castrol as part of a plan to raise ... to a Reuters query, BP did not comment on the details of Castrol's sale but said its divestment programme was ...

Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...

BP acquired Castrol in 2000 for approximately £3 billion ... which includes evaluating several other non-core assets. This includes plans to divest the Gelsenkirchen refinery in Germany, retail ...

In its Q4 2024 report BP also said it plans to sell its ... for its global lubricants brand Castrol. In March BP said it was initiating a marketing process to divest its retail sites, associated ...

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut ... BP will look to divest its lubricants unit, which operates under the Castrol brand and could ...

Bottom line: BP’s plans to divest additional assets over the next three years looks credible given the potential valuation for Castrol and the company’s track record of selling other assets ...

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 ... marking a key step in the company's divestment plan to boost its share price. A sale could raise $8B-$10B ...

On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The report states that ...