BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...
BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
Auchincloss has pledged a root-and-branch overhaul of BP's strategy. The company is in crisis after it revealed profits ...
“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...
BP is under siege from Elliott, arguably the world’s most feared activist hedge fund. So far, it’s a story largely confined to the business pages. But in this era of geopolitical complexity, it won’t ...
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a ...
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...
One scoop to start: Blackstone Group has put First Eagle Investment Management up for sale for more than $4bn in an attempt to offload a large stake that the US private equity group has owned for a ...
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.
Lulu Smyth Good morning from the Financial Times. Today is Monday, February 17th. And this is your FT News Briefing.