business

BP sells stake in motor oil arm Castrol in $6bn deal - BBC

BP has sold a 65% stake in its motor lubricant arm Castrol to US-based investment firm Stonepeak.

Source:BBC News
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BP sells stake in motor oil arm Castrol in $6bn deal - BBC
BP has struck a $6bn (£4.4bn) deal to sell a majority stake in its motor oil division Castrol to a US investment firm. The oil giant sold a 65% stake in Castrol, which makes lubricants for cars, mot… [+2345 chars]

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