Britain's BP has agreed to sell a 65% shareholding in lubricants business Castrol to Stonepeak for $6 billion, months on from the oil giant seeking a buyer for the unit.
The deal comes as the compan… [+2293 chars]
Oil giant BP to sell 65% stake in $10 billion Castrol unit - CNBC
The oil giant is looking to divest $20 billion of its assets by the end of 2027.
By:Kai Nicol-Schwarz
Source:CNBC
Published:
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