BP (NYSE:BP) has started a sale process for its Castrol lubricants business and has ... Aramco was one of the parties weighing a potential bid for the unit. A sale could raise $8B-$10B based ...

These new potential buyers are expected to participate in the bidding process alongside Aramco. According to Bloomberg estimates, the Castrol assets could fetch as much as $10 billion. BP’s ...

BP's (NYSE:BP) planned sale of its Castrol ... and FT reported that some bidders are exploring valuations less than $8B for Castrol. The bidding process is at an early stage and higher bids ...

Potential buyers of BP's lubricants ... needs to sell Castrol for a $12 billion enterprise value if it is to boost free cash flow, the FT reports, citing analysts. --The sale process is being ...

BP Plc’s Castrol lubricant business is attracting ... in considering bids for all or part of the business. The process is still in the early stages, with initial bids expected in several weeks ...

BP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to raise $20 billion by ...

In March, Bloomberg had reported that Saudi Arabian oil giant Saudi Aramco was considering acquiring part or all of BP's Castrol unit. These new potential buyers are expected to participate in the ...