BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
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 ...
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management ...
A group of 48 institutional investors has called on BP to give shareholders a vote on any plan by the oil major to row back ...
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
Lightsource BP development arm secures agreements with likes of Microsoft and Google as investors await new strategy ...
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.
--BP's lubricant business operates under the Castrol brand and could be worth about $10 billion in a deal. The unit is among the assets that Elliott has identified for potential disposals and the ...
Items high on the agenda could be exiting petrol service stations, selling Castrol lubricants and US shale oil and gas, and ...
BP shares have been underperforming for a few years now, but a recent uptick reflects growing interest in a revamped strategy ...
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 ...
BP Plc (BP) stock garnered retail attention on Tuesday after Bloomberg News reported that the company is considering selling ...