News

Private equity firm Clayton Dubilier & Rice has entered the competition to acquire BP's (NYSE:BP) Castrol lubricant business ...
BP's $8 billion Castrol sale draws interest from CD&R, a firm linked to its chairman, adding intrigue to a high-stakes ...
Clayton Dubilier & Rice, which employs BP chairman Helge Lund as an advisor, is among the bidders for the troubled oil ...
BP acquired Castrol in 2000, in a deal valued at 3 billion pounds. If successful, its sale would follow other deals, such as BP agreeing to sell a stake in a firm invested in the TANAP gas ...
Last month, BP reportedly attracted interest from a number of possible buyers for its Castrol lubricants business, a unit thought to be one of the "crown jewels" of its portfolio.
BP's $8B Castrol unit attracting more bidders - Sky News. Jul. 02, 2025 10:48 AM ET BP p.l.c. ... Lone Star Funds and India's Reliance Industries are bidders for the Castrol business.