BP Considers Castrol Sale

bp considers Castrol lubricants business sale
BP (bp) is contemplating the sale of its Castrol lubricants business, a move that could value the unit at approximately $10bn, reported Bloomberg. The potential divestment comes as the oil giant seeks to regain investor trust after a period of underperformance.
BP Considers Castrol Sale as Elliott Turns Up the Heat
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management
BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people familiar with the matter.
BP weighs sale of Castrol lubricant unit
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people familiar with the matter.
BP weighs sale of Castrol lubricants unit worth about $10B, Bloomberg says
BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could be worth about $10B, amid a push from
BP considering sale of lubricants business - report
BP is reportedly considering a potential sale of its lubricants business. Bloomberg cited people familiar with the matter as saying that the oil major’s unit - which operates under the Castrol brand - could be worth about $10 billion in a deal.
BP mulls £8bn sale of motor oil arm Castrol as investors demand a shake-up at the energy giant
BP is thinking about selling its Castrol motor oil division in a deal that could be worth £8billion. The British energy giant is under pressure from investors – including activist Elliott ...
BP Reportedly Mulls Castrol Lubricants Sale, But Retail’s Not Too Enthused
BP Plc (BP) stock garnered retail attention on Tuesday after Bloomberg News reported that the company is considering selling its lubricants business. Shares were up marginally in after-hours trading.
BP’s overhaul can start with a new Chair
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BP Weighs $10 Billion Sale of Castrol Lubricants Unit
[Stay on top of transportation news: Get TTNews in your inbox.] BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of ...
BP: 5 Levers To Pull At The Investor Day
Read here for 5 key strategies BP's management can use to boost value and address recent underperformance, from cost cuts to ...