BP PLC-Spons sells 65% of its lubricants business

AASTOCKS
2025.12.24 15:35

BP PLC-Spons (BP.US) announced that it has agreed to sell 65% of its stake in the lubricants business Castrol to Stonepeak.

The company is seeking to divest $20 billion in assets by the end of 2027 to focus on its core business of oil and gas exploration and development

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