BP (BP) Nears Castrol Sale Amid Strategic Shifts and Investor Pressure
On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The report states that energy companies such as India’s Reliance Industries Ltd., along with private equity and investment firms including Apollo Global Management Inc. (NYSE:APO), Lone Star Funds, Brookfield […]