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Bill Ackman invested nearly half a billion dollars in the shares of collapsed federally backed agencies Fannie Mae and ...
BASF agreed in February to sell its Brazilian paint business to Sherwin-Williams for $1.15 billion. It has also hired ...
(Alliance News) - The offer for sale of the Castrol lublicants business of BP PLC has attracted interest, but some possible bids may be below the USD8 billion the UK oil major needs to meet its target ...
--The offers might rise but BP needs to sell Castrol for a $12 billion enterprise value if it is to boost free cash flow, the FT reports, citing analysts.
The business unit’s all-shale holdings’ “attractiveness” to potential BP Plc suitors “would likely be an important input into ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
Jefferies analysts note that while the potential divestment would represent progress on BP’s target to reduce net debt by $5 ...
Castrol. According to a Bloomberg report, BP is attracting interest from Mukesh Ambani's Reliance Industries among others for ...
BP's Castrol division could fetch $8-10 billion, drawing interest from Reliance, Aramco, and private equity firms in one of ...
BP's Castrol lubricant business is generating significant interest from major players like Reliance Industries, Apollo Global ...
BP kicks off sale of Castrol as part of a $20B divestment push, targeting a leaner portfolio and sharper focus under CEO ...
BP (NYSE:BP) shares snapped six straight days of losses as the stock closed 0.17% higher, at $28.93 on Thursday.  The London-based oil and gas company lost more than 4.5% in the last six trading ...