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 ...
BP weighs sale of Castrol lubricants unit worth about $10B, Bloomberg says
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 Weighs Sale of Castrol Lubricants Unit Amid Elliott Push
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 Said to Weigh Sale of Lubricants Unit With Elliott Pushing
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 weighing sale of lubricants unit amid Elliott push - Bloomberg
BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
Transport Topics7h
BP Weighs $10 Billion Sale of Castrol Lubricants Unit
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.
BP shares are on a knife edge!
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 Is a Symbol of the British Boardroom Disease
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...