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Shell-BP merger’s key ingredient is time
The $198 bln oil major keeps getting asked about a bid for its struggling $77 bln UK rival. Right now, there’s little reason ...
Bidders for BP's Castrol weigh making offers below expected $8B - FT
BP's planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, ...
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PRESS: Potential offers for Castrol below hoped-for USD8 billion - FT
(Alliance News) - 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 ...
Bidders for BP's Castrol Consider Making Offers Below $8 Billion, FT Says, Citing Sources
--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.