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BP's planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, ...
Oil-to-telecom conglomerate Reliance Industries (RIL) is among the suitors vying for British Petroleum’s (BP) Castrol ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
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ET EnergyWorld on MSNBP's Castrol business draws interest from Reliance, Apollo and Lone StarBP's Castrol lubricant business is generating significant interest from major players like Reliance Industries, Apollo Global Management, and Lone Star Funds. The sale could fetch up to $10 billion ...
These new potential buyers are expected to participate in the bidding process alongside Aramco. According to Bloomberg estimates, the Castrol assets could fetch as much as $10 billion. BP’s ...
--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.
LONDON(Reuters) -BP has kicked off the sale of its more than a century-old Castrol lubricants business ... was one of the parties considering a potential bid for the business, but the start of the ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
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