BP p.l.c.: Castrol Sale And Implications
Source: SeekingAlpha
2025-12-30 09:30:32 ET
In December, BP p.l.c. ( BP ) announced the sale of 65% of its Castrol business -- which is the world's leading manufacturer and distributor of premium lubricating oils -- to U.S.-based infrastructure investment firm Stonepeak. The deal values Castro at more than $10B, on an enterprise basis, and gives BP a lever to accelerate its net debt repayments....
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BP p.l.c.: Castrol Sale And Implications
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