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Private equity firm Clayton Dubilier & Rice has entered the competition to acquire BP's (NYSE:BP) Castrol lubricant business ...
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Zacks.com on MSNBP's $8 Billion Castrol Sale Draws Bid From Firm Tied to ChairmanBP's $8 billion Castrol sale draws interest from CD&R, a firm linked to its chairman, adding intrigue to a high-stakes ...
BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge of the process, in a key step in the British energy group's divestment ...
BP's Castrol lubricant business is attracting interest from Reliance Industries, Apollo Global Management and Lone Star Funds, as well as Saudi Aramco.
Clayton Dubilier & Rice, which employs BP chairman Helge Lund as an advisor, is among the bidders for the troubled oil ...
Strategic reset 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.
Private equity firm Clayton Dubilier & Rice has entered the competition to acquire BP's Castrol lubricant business valued at ~$8B, Sky News reports.
BP's $8 billion Castrol sale draws interest from CD&R, a firm linked to its chairman, adding intrigue to a high-stakes divestiture.
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