The agreement is the oil company's most ambitious asset sale so far as it tries to cut debt and boost returns while scaling ...
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BP to Sell 65% Stake in Castrol to Stonepeak for $10B EV
BP agrees to sell 65% of its Castrol stake to Stonepeak, valuing the business at $10.1B and generating about $6B to cut debt.
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced an agreement to acquire a majority controlling interest in Castrol (or "the Company"), ...
The deal values Castrol at $8 billion and represents one of BP’s biggest moves to revive its fortunes after an ill-timed turn ...
BP PLC has signed a deal to sell 65 percent of the Castrol lubricants brand to Stonepeak Partners LP, toward its divestment aim of $20 billion by 2027, the companies said Wednesday. Castrol would ...
Canada Pension Plan Investment Board and U.S. private equity firm Stonepeak will launch an offer to purchase a stake of up to ...
BP Plc is near an agreement to sell a majority stake in its Castrol unit to investment firm Stonepeak Partners, the Wall ...
Established in 2009 within Bite, TeleTower operates a diversified portfolio of more than 2,500 tower and rooftop sites across ...
The buying on the counter came after Motion JVCo Limited, together with Stonepeak Motion Holdco Limited and CPP Investment ...
CPPIB and Stonepeak will launch a Rs 4,990 crore open offer to buy up to 26% of Castrol India at Rs 194 per share following ...
Outlook Business on MSN
Stonepeak, CPPIB to Launch Open Offer for Castrol India at Premium after BP Deal
Canada Pension Plan Investment Board and US private equity firm Stonepeak will launch an open offer to buy up to 26% stake in ...
Stonepeak and CPPIB plan an open offer to acquire 26% of Castrol India at ₹194.04 per share, boosting shareholder value.
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