Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash flow, but have questioned whether the company can obtain such a price given ...

BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...

BP's Castrol lubricants business is attracting interest from companies such as India's Reliance Industries, Bloomberg News ...

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

BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...

Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...

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

Mukesh Ambani's Reliance Industries is also known to have acquired assets in the UK, including the Stoke Park luxury hotel ...

BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...

BP's Castrol lubricant business is attracting interest from energy companies including Reliance Industries and buyout firms, ...

BP Plc’s Castrol lubricant business is attracting interest from energy companies including Reliance Industries Ltd. and buyout firms such as Apollo Global Management and Lone Star Funds ...

As part of a major corporate revamp, BP started a strategic review of the Castrol-branded business. Activist investor Elliott Investment Management has emerged as one of the company’s largest ...