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BP's (NYSE:BP) planned sale of its Castrol lubricants business has drawn early interest from private equity and industry ...
Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash ...
Potential buyers of BP's lubricants business Castrol are considering offers below ... with Chinese state-owned investment company Citic considering a bid, alongside Apollo, Lone Star, Aramco ...
Oil-to-telecom conglomerate Reliance Industries (RIL) is among the suitors vying for British Petroleum’s (BP) Castrol ...
BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge of the process, in a key step in the British energy group's divestment ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
BP Plc’s Castrol lubricant business is attracting ... BP has sent out initial information to other potential bidders for the unit including investment firms Brookfield Asset Management and ...
Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial. Complete digital access to quality FT journalism with expert analysis from ...
BP acquired Castrol in 2000 for approximately £3 billion ... and a 50% stake in Lightsource bp — BP’s solar energy joint venture. Bidders for the Lightsource stake are expected to be ...
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