tiprankstipranks
The Fly

BP weighs sale of Castrol lubricants unit worth about $10B, Bloomberg says

BP weighs sale of Castrol lubricants unit worth about $10B, Bloomberg says

Amid a push from activist investor Elliott, BP (BP) is said to be weighing a potential sale of its Castrol-branded lubricants unit, which could be worth about $10B, sources told Bloomberg.

Discover the Best Stocks and Maximize Your Portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1