BP p.l.c. is divesting 65% of its Castrol brand to Stonepeak for $6 billion, accelerating its $20 billion divestment plan. BP will use the $6 billion proceeds to reduce net debt, targeting a $14B–$18B ...
Speculation over a potential takeover of BP has intensified following activist investor Elliott Management’s acquisition of a nearly 5% stake. Analysts are considering various suitors—including Shell, ...
LONDON, April 4 (Reuters) - Influential proxy adviser Institutional Shareholder Services (ISS) has recommended a vote against the BP board's move to revoke some previous company-specific climate ...
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