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

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

BASF agreed in February to sell its Brazilian paint business to Sherwin-Williams for $1.15 billion. It has also hired ...

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

--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.

BASF SE has kicked off a sale of its coatings business, in a process that could value the unit at about €6 billion ($6.8 billion) and attract bids from large buyout firms, according to people familiar ...

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 ...

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 ...

A Reuters report dated May 28, quoting Bloomberg, on Wednesday said that BP Plc's Castrol lubricants business is attracting interest from companies such as India's Reliance Industries. The ...

These bidders will join Saudi Aramco as they explore opportunities to bid for all or part of the business. Last week, Reuters reported that BP is actively seeking buyers for its Castrol unit.