BP's lubricant business, Castrol, is undergoing an acquisition process attracting bids from Apollo, CD&R, Lone Star, and Reliance.
1 report, 0 independent
Updated Jul 2
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What happened
BP's lubricant business, Castrol, is undergoing an acquisition process attracting bids from Apollo, CD&R, Lone Star, and Reliance.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Stonepeak aims to acquire a stake in Castrol India as BP proceeds with the sale of its Castrol lubricant business.Sub-event
- The sale of BP's Castrol unit is attracting multiple bidders, including Apollo and CD&R.
Keep exploring
The entities involved
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BP
British multinational oil and gas company
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Castrol
lubricants brand of the BP group
Nothing else this week.
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Apollo Global Management
American private equity firm
Coverage
Newest first; wire copies grouped- Unknown outlet