Saudi Aramco considers bid for BP's Castrol lubricant assets

Saudi Aramco exploring initial bid for BP's Castrol unit, source says
Saudi Aramco is in the early stages of considering a potential bid for BP's lubricant business Castrol, according to a person with knowledge of the matter. BP has been exploring all options around its Castrol business,
Saudi Aramco eyes acquisition of bp’s Castrol lubricants business
Saudi Aramco is considering a potential acquisition of bp's Castrol lubricant business, which could value the division at approximately $10bn (£7.77bn), reported Bloomberg. BP has been contemplating various options for its Castrol division,
Castrol India shares in focus as BP looks at 'strategic review' of lubricants business
Castrol India shares are in focus on February 27 as oil major BP said it is looking at strategic review of its global lubricants business. "BP is carrying out a strategic review of its Castrol business with the intention of accelerating Castrol’s next phase of value delivery," said the oil major on February 26.
Castrol India stock surges over 13 pc amid Aramco's likely bid for BP's lubricant biz
Shares of lubes maker Castrol India, a unit of BP, surged more than 13 per cent on the bourses on Thursday amid reports that Saudi Arabia's state-owned oil giant Aramco is considering taking ownership of BP's lubricant brand.
Castrol India Share Price Rises As Saudi Aramco Looks To Pick Up Stake
Saudi Aramco, the world’s largest energy company, is exploring the possibility of bidding for part or all of BP’s lubricant business, which operates under the Castrol brand name.
Castrol India stock surges over 13% amid Aramco's likely bid for BP's lubricant business
According to reports, Saudi Aramco is considering to buy BP's lubricant division, which operates under the Castrol brand
Castrol India share price jumps 6% amid reports of potential Saudi Aramco bid for BP’s lubricant business
Saudi Aramco, the world’s largest energy company, is evaluating the possibility of acquiring part or all of BP’s lubricant business, which operates under the Castrol brand, Bloomberg reported.
Saudi Aramco considers bid for BP’s Castrol lubricant assets - Bloomberg
Castrol lubricant business, which could be worth as much as ~$10B, Bloomberg reported Wednesday. Aramco (ARMCO) reportedly is studying whether to bid for part or all of the business, and could look to combine the Castrol assets with its Valvoline lubricants unit,
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Saudi Aramco Weighs Bid for BP’s Castrol Lubricant Assets
Aramco could look to combine the Castrol assets with its Valvoline lubricants unit, which it bought in a $2.65 billion deal completed in 2023. As part of a major corporate revamp, BP is starting a ...
Saudi Arabia’s state-owned oil giant Aramco buy buzz lights up Castrol counter
Castrol India scrips at Rs 245.85 were up 10.59 per cent at BSE and stock was among the top five gainers during the day’s ...
BP to Focus More on Oil and Gas in Strategy ‘Reset’
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
Castrol India share price jumps 30% in FY25, yields 7% dividend. Do you own?
Despite the recent bloodbath in the Indian stock market, Castrol India share price remained under the radar of Dalal Street bulls. While most stocks have given zero returns to their shareholders in ...