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,
Saudi Aramco eyes acquisition of bp’s Castrol lubricants business
The valuation of the Castrol business is estimated at $6bn–8bn, as noted by investment banking firm Panmure Liberum. Saudi Aramco is exploring whether to bid for part or all of
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 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 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 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 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 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
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Castrol India shares jump over 10 pc
Shares of lubes maker Castrol India jumped more than 10 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 ...
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