BP's planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, ...

Oil-to-telecom conglomerate Reliance Industries (RIL) is among the suitors vying for British Petroleum’s (BP) Castrol ...

These new potential buyers are expected to participate in the bidding process alongside Aramco. According to Bloomberg estimates, the Castrol assets could fetch as much as $10 billion. BP’s ...

BP's Castrol lubricant business is generating significant interest from major players like Reliance Industries, Apollo Global Management, and Lone Star Funds. The sale could fetch up to $10 billion ...

In March, Bloomberg had reported that Saudi Arabian oil giant Saudi Aramco was considering acquiring part or all of BP's Castrol unit. These new potential buyers are expected to participate in the ...

--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.

LONDON(Reuters) -BP has kicked off the sale of its more than a century-old Castrol lubricants business ... was one of the parties considering a potential bid for the business, but the start of the ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

According to a report by Bloomberg, BP has already started the process to find a buyer ... Some buyers may even team up to make a joint bid. Castrol is well known for producing lubricants for ...