Saudi Aramco weighs 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,
Castrol India Stock Surges on Aramco's BP Lubricant Bid
Castrol India stock skyrocketed over 13% on news of Aramco's potential acquisition of BP's lubricant division, which operates under the Castrol brand. The move could see Castrol assets combined with Aramco's Valvoline lubricants unit.
Castrol India shares soar 11% as Saudi Aramco eyes BP’s lubricant business
Saudi Aramco is considering a potential bid for BP's Castrol lubricants business, according to a Bloomberg News report on Wednesday, citing sources familiar with the matter.
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.
Saudi Aramco weighs bid for BP’s Castrol lubricant assets
SAUDI Aramco is considering a potential offer for lubricant assets being sold by BP, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries, according to people with knowledge of the matter.
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 shares in focus after BP launches 'strategic review' of global lubricants business
At the end of the December quarter, Castrol India promoters had a 51% stake in the company. Castrol Ltd. is owned by British Petroleum (bp).
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.
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