BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management ...

--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 (BP) stock garnered retail attention on Tuesday after Bloomberg News reported that the company is considering selling ...

BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a ...

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.

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.

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

One scoop to start: Blackstone Group has put First Eagle Investment Management up for sale for more than $4bn in an attempt to offload a large stake that the US private equity group has owned for a ...

Activist investors take stakes in what they see as underperforming companies in order to agitate for change, which they ...