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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 ...
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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 ...
BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...
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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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ET Now on MSNACQUISITION? THIS British company is attracting interest from Mukesh Ambani's Reliance IndustriesCastrol. According to a Bloomberg report, BP is attracting interest from Mukesh Ambani's Reliance Industries among others for ...
The Castrol brand serves customers in more than ... The activist investor’s “more aggressive” approach could be pushing BP for a sale or spinoff of businesses such as lubricants, US shale ...
However, since it's not part of BP's core fuels business, it is now under strategic review for possible sale. Castrol had $1 billion of EBITDA in 2024, and BP CEO Murray Auchincloss stated during ...
BP nears a golden cross, signaling a bullish trend with strong buying pressure across multiple moving averages. Offshore wind JV and potential Castrol sale could fuel BP’s momentum amid ...
BP 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 ...
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