Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
Amid a push from activist investor Elliott, BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could ...
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 ...
BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.
Harvey Jones says his BP shares are motoring along quite nicely today but accepts that the FTSE 100 oil giant faces a whole heap of risks. The post BP shares are on a knife edge! appeared first on The ...
BP’s share price has risen on promises of a strategy reset, which I think will extend its more pragmatic energy transition ...
The UP World LNG Shipping Index (UPI) rose 0.67% to 168.40 points, while markets remained quiet despite geopolitical shifts ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...
Elliott Management, the activist investor, has built a stake of almost 5% in BP (BP) and is pressing the oil producer to abandon its green ...
(Alliance News) - The hedge fund targeting BP PLC has built a stake in the fossil fuel company worth nearly GBP3.8 billion, according to reports, making it the third-biggest investor in the company.