Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many ...
The City of London is reinventing itself and Bloomberg’s Francine Lacqua and David Merritt go behind the scenes uncovering ...
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist ...
BP (NYSE:BP) is considering a potential sale ... to win back investor confidence after years of lagging performance, Bloomberg reported Tuesday. The company could announce a sale during its ...
(Bloomberg) -- Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its ...
(Bloomberg) -- 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 ...
BP Plc shares surged the most since 2020 after one of the world’s most aggressive activist investors built a stake in the ...
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 activist investor Elliott, Bloomberg’s Dinesh Nair ...
A sale of the business is one of the many options BP is considering, the report said, adding that the unit is also among the assets that Elliott Management has identified for potential disposals ...
--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 ...