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