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BP Agrees to Sell Majority of Castrol Lubricants Unit to Stonepeak - The Wall Street Journal

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TL;DR

BP is close to selling a majority stake in its Castrol lubricants division to Stonepeak, in a deal valued around $10 billion, as reported by multiple financial news sources.

  1. BP Agrees to Sell Majority of Castrol Lubricants Unit to Stonepeak  The Wall Street Journal
  2. Stonepeak to Acquire Majority Controlling Interest in Castrol from bp  Stonepeak
  3. Oil giant BP to sell 65% stake in $10 billion Castrol unit  CNBC
  4. Stock Movers: BP, Sanofi, Fresnillo  Bloomberg.com
  5. BP to sell 65% stake in Castrol to Stonepeak for $6 billion  Reuters

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