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

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

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

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

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

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 ...

BP has sent out initial information to other potential bidders for the unit including investment firms Brookfield ... As part of a major corporate revamp, BP started a strategic review of the ...

The lubricants unit is now viewed as a valuable standalone ... BP Sharpens Focus With Exit From Non-Core Businesses The Castrol sale is part of BP’s broader restructuring effort, which includes ...

BASF SE has kicked off a sale of its coatings business, in a process that could value the unit at about €6 billion ($6.8 billion) and attract bids from large buyout firms, according to people familiar ...

BASF agreed in February to sell its Brazilian paint business to Sherwin-Williams for $1.15 billion. It has also hired ...