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 (NYSE:BP) planned sale of its Castrol lubricants business has drawn early interest from private equity and industry ...

Many major companies and investment firms have shown interest in the deal. One of them is Reliance Industries Limited, owned ...

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

Wael Sawan must feel like it’s Groundhog Day. In recent weeks Shell’s chief executive has been fielding one question over and ...

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

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

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 ...

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

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

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 ...