News

Castrol unit has secured a bid from U.S. private equity firm One Rock Capital Partners, one of the few remaining bidders for ...
One Rock Capital Partners, a U.S. private equity firm, is one of the few remaining bidders for BP's Castrol lubricants ...
BP's latest U.S. wind sale is part of its plan to sell much of its solar and offshore wind businesses too as it scales back ...
BP's planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, although some are considering offers below the expected $8B-plus.
BP acquired Castrol in 2000, in a deal valued at 3 billion pounds. If successful, its sale would follow other deals, such as BP agreeing to sell a stake in a firm invested in the TANAP gas ...
Its Mumbai-listed subsidiary Castrol India Ltd. has a market value of about $2.4 billion. Shares of BP have fallen nearly 9% so far this year, giving the company a market value of about $77 billion.
--Potential buyers of BP's lubricants business Castrol are considering offers below $8 billion, the Financial Times reports, citing unnamed sources --The offers might rise but BP needs to sell ...
Private equity firm Clayton Dubilier & Rice has entered the competition to acquire BP's Castrol lubricant business valued at ~$8B, Sky News reports.