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

BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge ...

Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...

BP has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, ...

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 ...

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 ...

On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The report states that ...

BP might announce the potential divestment during its capital markets ... Representatives for BP and Elliott declined to comment. The Castrol brand serves customers in more than 150 countries ...