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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 ...
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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 ...
Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...
BP (NYSE:BP) has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
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 ...
The company is also involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. BP p.l.c ...
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 ...
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 ...
While BP declined to confirm specific details, it noted that its broader divestment program was "progressing," with $1.5 billion in deals already signed. Founded in 1899, Castrol is one of the ...
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