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Zacks Investment Research on MSNBP Begins Sale of Castrol in $20B Asset Divestment StrategyBP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to raise $20 billion by 2027 ...
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BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...
As part of a major corporate revamp, BP started a strategic review of the Castrol-branded business ... according to Jefferies Financial Group Inc. While the divestment would represent good progress ...
Leading the contenders for divestment is the company’s Castrol lubrication business unit for which BP has announced a strategic review. Given the timing of the transaction for Global Products ...
BP said last week it was reviewing its lubricants business, Castrol, and targeting $20 billion in divestments by 2027. The divestment programme is a key part of CEO Murray Auchincloss' strategy ...
In the downstream sector, the company’s portfolio will be reshaped, with a focus on high-grading “advantaged and integrated positions,” with BP also unveiling a strategic review of Castrol.
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
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