Oil giant BP seeks to fend off a takeover as buyers circle for Castrol
5 days ago · Britain's BP appears to be attracting a number of possible buyers for its Castrol lubricants business.
BP Begins Sale of Castrol in $20B Asset Divestment Strategy
May 27, 2025 · BP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to …
BP seeks buyers for Castrol lubricants unit to reach $20 billion ...
May 22, 2025 · BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge of the process, in a key step in the British …
BP Begins Formal Sale of Castrol for $10 Billion
5 days ago · BP Plc launched the sale of its Castrol lubricants division, a potential U.S.$10 billion transaction that marks one of the largest divestments in the British oil major’s recent history. …
Castrol | What we do | bp America
Castrol, bp’s world-class lubricant brand, is a global leader in lubricant technology, serving customers and consumers in more than 150 countries in a variety of sectors, including …
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5 days ago · Bidders for BP’s Castrol weigh offers below expected $8bn valuation. Subscribe to unlock this article. Try unlimited access Only £1 for 4 weeks. Then £59 per month. Complete …
BP’s Castrol sale progresses, but valuation may disappoint – …
May 29, 2025 · Castrol accounted for about 12% of BP’s EBITDA over the last twelve months, according to Jefferies. During that period, BP reported $1.065 billion in EBITDA, which would …
BP to Prepare Sale of Castrol Lubricants Business - TT
Feb 25, 2025 · BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid …
Saudi Aramco eyes acquisition of bp’s Castrol lubricants business
Mar 6, 2025 · Saudi Aramco is exploring whether to bid for part or all of the Castrol business, with the possibility of integrating Castrol with its Valvoline lubricants unit, which was acquired in …
BP (BP) Nears Castrol Sale Amid Strategic Shifts and Investor …
May 29, 2025 · On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The …
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