BP Considers Castrol Sale

BP weighing sale of lubricants unit amid Elliott push - Bloomberg
BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many options the company is considering to win back investor confidence after years of lagging performance,
BP Considers Castrol Sale as Elliott Turns Up the Heat
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management
BP Weighs Sale of Castrol Lubricants Unit Amid Elliott Push
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people familiar with the matter.
BP Is Said to Weigh Sale of Lubricants Unit With Elliott Pushing
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people familiar with the matter.
BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people familiar with the matter.
BP Reportedly Mulls Castrol Lubricants Sale, But Retail’s Not Too Enthused
BP Plc (BP) stock garnered retail attention on Tuesday after Bloomberg News reported that the company is considering selling its lubricants business. Shares were up marginally in after-hours trading.
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Elliott builds £3.8bn stake in BP and seeks big asset sales
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Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
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Cage rattler Elliott may spy big value in a smaller BP
Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...