BP's $8 billion Castrol sale draws interest from CD&R, a firm linked to its chairman, adding intrigue to a high-stakes ...

BP (NYSE:BP) has started a sale process for its Castrol lubricants business and has hired Goldman Sachs to help it sell the unit, Reuters reported Thursday, marking a key step in the company's ...

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 planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, although some are considering offers below the expected $8B-plus.

The closely watched Castrol lubricants business, which generates approximately $1 billion in adjusted EBITDA (or $1.3 billion excluding corporate costs), continues through its sale process.

Bidders for BP's Castrol Consider Making Offers ... --The sale process is being run by Goldman Sachs, with Chinese state-owned investment company Citic considering a bid, alongside Apollo ...

On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The report states that ...

The closely watched Castrol lubricants business, which generates approximately $1 billion in adjusted EBITDA (or $1.3 billion excluding corporate costs), continues through its sale process. With ...

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.

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 ...