Sign InSign Up

BP sells stake in motor oil arm Castrol in $6bn deal - BBC

AI Summary1 min read

TL;DR

BP has agreed to sell a majority stake in its Castrol lubricants unit to Stonepeak in a deal valued at $6 billion, as reported by multiple financial news sources.

  1. BP sells stake in motor oil arm Castrol in $6bn deal  BBC
  2. BP Agrees to Sell Majority of Castrol Lubricants Unit to Stonepeak  The Wall Street Journal
  3. Oil giant BP to sell 65% stake in $10 billion Castrol unit  CNBC
  4. Stonepeak to Acquire Majority Controlling Interest in Castrol from bp  Stonepeak
  5. BP to sell majority stake in $10bn Castrol business to US investment firm  The Guardian

Visit Website