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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.

Business Insider · 1d

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

Newsable Asianet News on MSN · 1d

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.

1don MSN

BP mulls £8bn sale of motor oil arm Castrol as investors demand a shake-up at the energy giant

Boss Murray Auchincloss (pictured) will next week present his plan to investors having promised a 'new direction' for the ...

Autoblog9y

Castrol Nexcel is an oil change in a box

Castrol might have a compromise with new tech called the Nexcel that packages the oil and filter into a single, easily removable container. The company claims switching the unit out takes just 90 ...

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BP Considers Castrol Sale

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