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BP in advanced talks to sell $8bn Castrol unit to US group Stonepeak
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Why This Matters
BP is in advanced talks to sell its $8 billion Castrol unit to US private equity firm Stonepeak, as part of its efforts to raise $20 billion from asset sales.
Market Impact
Market impact analysis based on neutral sentiment with 72% confidence.
Sentiment
Neutral
AI Confidence
72%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
British oil company has been trying to sell the business as part of efforts to raise $20bn from asset sales
Original article published by
Financial Times
on December 4, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.