Banks Ready $3.75 Billion Debt Sale to Back BP Castrol Buyout
Banks are preparing to sell $3.75 billion in debt to back Stonepeak Partners’ acquisition of a majority stake in BP…
Tag: Castrol
BP sells stake in motor oil arm Castrol in $6bn deal
Archie MitchellBusiness reporter Reuters The company that became Castrol was founded in London in 1899 BP has struck a $6bn…
BP to Sell Majority Stake of Castrol to Stonepeak
BP Plc agreed to sell a majority stake in its Castrol lubricants division to Stonepeak Partners to raise about $6…
BP to sell 65% stake in $10 billion Castrol Lubricants to Stonepeak
Britain’s BP has agreed to sell a 65% shareholding in lubricants business Castrol for $6 billion, months on from the…
BP to Sell Majority Stake in $10 Billion Castrol Lubricants Unit
BP Plc agreed to sell a majority stake in its Castrol division to US investment firm Stonepeak Partners in a…
BP CEO Auchincloss on Profit Beat, Castrol, Oil and Gas Production
BP CEO Murray Auchincloss says the energy giant has “great momentum” after reporting third-quarter profit that exceeded expectations as higher…
BP Targets $20B in Divestments by 2027, Eyes Castrol Sale Amid Restructuring
BP p.l.c. (NYSE:BP) is one of the 10 most undervalued oil stocks to buy according to analysts. Murray Auchincloss, the CEO of…
Castrol Collects Suitors
Get briefed ahead of your morning calls with the latest UK business headlines, key data and market reaction www.bloomberg.com #Castrol…