BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management ...
A group of 48 institutional investors has called on BP to give shareholders a vote on any plan by the oil major to row back ...
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a ...
--BP's lubricant business operates under the Castrol brand and could be worth about $10 billion in a deal. The unit is among the assets that Elliott has identified for potential disposals and the ...
Lightsource BP development arm secures agreements with likes of Microsoft and Google as investors await new strategy ...
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.
BP shares have been underperforming for a few years now, but a recent uptick reflects growing interest in a revamped strategy ...
Items high on the agenda could be exiting petrol service stations, selling Castrol lubricants and US shale oil and gas, and ...
BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could be worth about $10B, amid a push from ...
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people familiar with the ...