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Castrol unit has secured a bid from U.S. private equity firm One Rock Capital Partners, one of the few remaining bidders for ...
(Reuters) -One Rock Capital Partners, a U.S. private equity firm, is one of the few remaining bidders for BP's Castrol ...
BP plc ’s BP planned sale of its Castrol lubricants business, valued at around $8 billion, is drawing interest from a range of high-profile bidders, including private equity giant Clayton ...
Shell And BP: A Merger That Won't Happen In 2025, But Maybe It Should BP: Still A Compelling Investment Proposition BP's $8B Castrol unit attracting more bidders - Sky News© Provided by Seeking Alpha ...
In March, Bloomberg had reported that Saudi Arabian oil giant Saudi Aramco was considering acquiring part or all of BP’s Castrol unit. These new potential buyers are expected to participate in ...
Its Mumbai-listed subsidiary Castrol India Ltd. has a market value of about $2.4 billion. Shares of BP have fallen nearly 9% so far this year, giving the company a market value of about $77 billion.
Aramco could look to combine the Castrol assets with its Valvoline lubricants unit, which it bought in a $2.65 billion deal completed in 2023.
Castrol Ltd, a unit of oil major BP Plc, is selling an up to $261 million (197.96 million pounds) stake in Castrol India Ltd in a block trade on Wednesday, according to a termsheet seen by Reuters.
Gogoro (GGR) stock jumps after BP's Castrol unit invests up to $50M in battery-swapping services provider, diversifying beyond lubricants. Read more here.
One Rock Capital Partners, a US mid-market private equity firm, is one of the few remaining bidders for BP Plc’s Castrol ...