Private equity firm Clayton Dubilier & Rice has entered the competition to acquire BP's (NYSE:BP) Castrol lubricant business ...

BP's $8 billion Castrol sale draws interest from CD&R, a firm linked to its chairman, adding intrigue to a high-stakes ...

BP has kicked off the sale of its more than a century-old Castrol lubricants business, according to two people with knowledge of the process, in a key step in the British energy group's divestment ...

Clayton Dubilier & Rice, which employs BP chairman Helge Lund as an advisor, is among the bidders for the troubled oil ...

Strategic reset Last month, BP reportedly attracted interest from a number of possible buyers for its Castrol lubricants business, a unit thought to be one of the "crown jewels" of its portfolio.

Private equity firm Clayton Dubilier & Rice has entered the competition to acquire BP's Castrol lubricant business valued at ~$8B, Sky News reports.

BP's $8 billion Castrol sale draws interest from CD&R, a firm linked to its chairman, adding intrigue to a high-stakes divestiture.