BP has struck a $6bn (£4.4bn) deal to sell a majority stake in its motor oil division Castrol to a US investment firm. The ...
The deal values Castrol at $8 billion and represents one of BP’s biggest moves to revive its fortunes after an ill-timed turn ...
The agreement is the oil company's most ambitious asset sale so far as it tries to cut debt and boost returns while scaling ...
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BP to Sell 65% Stake in Castrol to Stonepeak for $10B EV
BP agrees to sell 65% of its Castrol stake to Stonepeak, valuing the business at $10.1B and generating about $6B to cut debt.
Meg O'Neill's appointment as chief executive of BP, the first woman to run an oil major, might clear the way for fresh merger ...
BP Plc is near an agreement to sell a majority stake in its Castrol unit to investment firm Stonepeak Partners, the Wall ...
Woodside Energy’s boss Meg O’Neill has been appointed CEO of BP following the shock departure of Murray Auchincloss, the FTSE ...
Meg O’Neill of Australia’s Woodside Energy will lead the British energy giant, replacing Murray Auchincloss, who will exit ...
BP to sell 65% stake in Castrol to Stonepeak. UiPath, Versant Media to join S&P MidCap 400 and SmallCap 600. Waymo plans to ...
BP p.l.c. (NYSE:BP) made headlines on December 18 when the company announced a major leadership shakeup, appointing Meg ...
The company will sell a 65% stake in Castrol as part of its overall plan to divest $14-18 billion by end-2027 to cut net debt ...
The surprise appointment of Meg O'Neill as BP's first outsider CEO offers the bruised $90 billion British oil company three ...
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