BP's planned sale of its Castrol lubricants business has drawn early interest from private equity and industry bidders, ...

Oil-to-telecom conglomerate Reliance Industries (RIL) is among the suitors vying for British Petroleum’s (BP) Castrol ...

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 Plc's Castrol lubricant business is drawing significant interest from a range of potential buyers, including Reliance ...

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 ...

Mukesh Ambani's Reliance Industries is also known to have acquired assets in the UK, including the Stoke Park luxury hotel and the toy retailer Hamleys.

--The offers might rise but BP needs to sell Castrol for a $12 billion enterprise value if it is to boost free cash flow, the FT reports, citing analysts.

LONDON(Reuters) -BP has kicked off the sale of its more than a century-old Castrol lubricants business ... was one of the parties considering a potential bid for the business, but the start of the ...

According to a report by Bloomberg, BP has already started the process to find a buyer ... Some buyers may even team up to make a joint bid. Castrol is well known for producing lubricants for ...