BP's planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, ...

--The offers might rise but BP needs to sell Castrol for a $12 billion enterprise value if it is to boost free cash flow, the FT reports, citing analysts.

The offer for sale of the Castrol lublicants business of BP PLC has attracted interest, but some possible bids may be below the USD8 billion the UK oil major needs to meet its target of USD20 billion ...

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 ...