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BASF agreed in February to sell its Brazilian paint business to Sherwin-Williams for $1.15 billion. It has also hired ...
For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...
A week of geopolitical maneuvering and high-stakes energy developments sees China encroaching on Russian influence, Ukraine ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...
18don MSN
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 ...
The group has already contacted potential private equity and strategic bidders ... to a Reuters query, BP did not comment on the details of Castrol's sale but said its divestment programme was ...
Faced with declining earnings and mounting debt, Auchincloss reversed BP’s green energy strategy in February 2025 ... Additionally, BP plans to divest $20 billion in assets by 2027. This includes its ...
BP is making “good progress on our divestment program, including the strategic review of Castrol, and the intentions to sell mobility & convenience businesses in Austria and the Netherlands and ...
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