The $198 bln oil major keeps getting asked about a bid for its struggling $77 bln UK rival. Right now, there’s little reason ...

For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...

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 ...

Companies may pursue a divestment strategy to refocus on their core business, in response to the operating environment in their industry or to release underperforming assets. Companies typically ...

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 Plc's Castrol lubricant business is drawing significant interest from a range of potential buyers, including Reliance ...

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

BP) has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, Reuters reported Thursday, marking a key step in the company's divestment ...

BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge of the process, in a key step in the British energy group's divestment ...