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 Considers Selling Lubricants Business in $10 Billion Deal, Bloomberg Says, Citing Sources
--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 ...
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A BP-Shell merger would create a truly global UK oil champion
Items high on the agenda could be exiting petrol service stations, selling Castrol lubricants and US shale oil and gas, and ...
£10,000 invested in BP shares at the end of 2024 is now worth…
BP shares have been underperforming for a few years now, but a recent uptick reflects growing interest in a revamped strategy ...
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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 ...
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BP Weighs sale of Castrol lubricants unit amid Elliott push
BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a ...
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 ...
BP weighing sale of lubricants unit amid Elliott push - Bloomberg
BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
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BP Weighs $10 Billion Sale of Castrol Lubricants Unit
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.