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Private equity firm Clayton Dubilier & Rice has entered the competition to acquire BP's (NYSE:BP) Castrol lubricant business ...
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Zacks.com on MSNBP's $8 Billion Castrol Sale Draws Bid From Firm Tied to ChairmanBP's $8 billion Castrol sale draws interest from CD&R, a firm linked to its chairman, adding intrigue to a high-stakes ...
Clayton Dubilier & Rice, which employs BP chairman Helge Lund as an advisor, is among the bidders for the troubled oil ...
BP acquired Castrol in 2000, in a deal valued at 3 billion pounds. If successful, its sale would follow other deals, such as BP agreeing to sell a stake in a firm invested in the TANAP gas ...
BP's Castrol lubricant business is attracting interest from Reliance Industries, Apollo Global Management and Lone Star Funds, as well as Saudi Aramco. Suitors Line Up for BP’s Castrol Unit - TT ...
March 5 (Reuters) - Saudi Aramco (2222.SE), opens new tab is in the early stages of considering a potential bid for BP's (BP.L), opens new tab lubricant business Castrol, according to a person ...
BP will look to divest its lubricants unit, which operates under the Castrol brand and could potentially be worth about $10 billion. (Waldo Swiegers/Bloomberg) [Stay on top of transportation news ...
BP and Aramco declined to comment. BP shares were down 0.1% by 1606 GMT. Bloomberg News was first to report about Aramco's interest in Castrol on Wednesday, which comes a day after the Saudi oil ...
BP's $8B Castrol unit attracting more bidders - Sky News. Jul. 02, 2025 10:48 AM ET BP p.l.c. ... Lone Star Funds and India's Reliance Industries are bidders for the Castrol business.
Saudi Aramco Exploring Initial Bid for BP's Castrol Unit, Source Says. More. Reuters. FILE PHOTO: The Saudi Aramco logo is pictured at an exhibition in Paris, France, February 1, 2024.
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