Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash ...

BP's planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, ...

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 ...

--The offers might rise but BP needs to sell Castrol for a $12 billion enterprise value if it is to boost free cash flow, the FT reports, citing analysts.

BP's Castrol lubricants business is attracting interest from companies such as India's Reliance Industries, Bloomberg News reported on Wednesday, citing people familiar with the matter. The business ...

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

BP Plc's Castrol lubricant business is drawing significant interest from a range of potential buyers, including Reliance ...

Castrol. According to a Bloomberg report, BP is attracting interest from Mukesh Ambani's Reliance Industries among others for its Castrol business.

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

BP (LON: BP) Plc (LSE:NYSE: BP) remains confident in reaching its $20 billion disposal target with several deals expected to be announced "relatively soon," according to the company’s CEO Murray ...

The Financial Times highlights key developments, including bidders undervaluing BP's Castrol, AstraZeneca's promising breast ...

For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...