Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Akasa Air aims for 226 planes by 2032 with ambitious growth plan

    Fire in overhead locker on Virgin Australia flight sparks battery safety concerns

    Reliance, Adani, Mahindra join ₹60,000 crore ITI upgrade plan to boost skills

    Facebook Twitter Instagram
    Business Outrank
    • Home
    • Business
    • Politics
    • Technology
    • Lifestyle
      1. Health
      2. Entertainment
      3. Travel
      4. View All

      Virus Susceptibility in Species: Study Reveals Surprising Findings

      February 8, 2025

      Effective Yoga Poses to Naturally Manage Blood Sugar Levels

      January 18, 2025

      Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

      December 2, 2024

      The Connection Between Diet and Organic Skincare – Foods for Healthy Skin

      August 18, 2023

      Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

      February 6, 2025

      Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

      January 26, 2025

      Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

      January 25, 2025

      Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

      January 23, 2025

      Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

      January 23, 2025

      Indian government approves Singapore Airlines bid to merge Vistara and Air India

      September 3, 2024

      Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

      August 14, 2024

      Virus Susceptibility in Species: Study Reveals Surprising Findings

      February 8, 2025

      Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

      January 23, 2025

      Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

      January 20, 2025

      Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

      January 19, 2025
    • Global
    Business Outrank
    Home - Business - Reliance Eyes Castrol in BP’s Potential $10 Billion Deal Amid Strategic Shakeup
    Business

    Reliance Eyes Castrol in BP’s Potential $10 Billion Deal Amid Strategic Shakeup

    By vikasNo Comments2 Mins ReadMay 29, 2025
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Reliance ,Castrol
    Reliance Eyes Castrol in BP’s Potential $10 Billion Deal
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    Reliance Industries together with Saudi Aramco are conducting talks about acquiring BP’s Castrol lubricant unit at a potential price of $10 billion. The global market shows interest in Castrol because private equity giants Apollo Global and Lone Star Funds also show interest. BP sells Castrol as part of its restructuring plan because crude oil prices dropped and activist investor Elliott Investment Management applied pressure.

    The Indian market interests Reliance because Castrol India Ltd operates as a listed company on the BSE with a market value of $2.4 billion. Castrol India shares experienced a 6% increase in value during the early trading session on May 29. The unit faces a potential acquisition by Saudi Aramco through either a complete or partial purchase with formal bids expected to be submitted during the upcoming weeks.

    The banks have started preparing a $4 billion debt package which will include high-yield bonds and leveraged loans available in euros and US dollars to support the deal. The acquisition would provide Reliance with strategic advantages through Castrol’s operations in the energy sector and its expansion into emerging AI cooling markets. The Castrol sale by BP represents a major strategic move because the company needs to transform its business operations under current financial challenges.

    BP’s Potential Castrol Reliance Strategic Shakeup
    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleSebi Slaps ₹20 Cr Disgorgement in IndusInd Insider Trading Case
    Next Article Stock Markets Rally as Trump Tariffs Blocked by US Court
    vikas

    Related Posts

    Reliance, Adani, Mahindra join ₹60,000 crore ITI upgrade plan to boost skills

    July 22, 2025

    Renault to launch all-new models with updated logo, starting with Triber

    July 22, 2025

    Vedanta rejects allegations, calls Viceroy’s claims baseless and unfounded

    July 20, 2025

    Leave A Reply Cancel Reply

    Don't Miss
    Global July 22, 2025

    Akasa Air aims for 226 planes by 2032 with ambitious growth plan

    July 22, 2025

    Akasa Air plans to expand its fleet to 226 aircraft by 2032 according to Chief Financial Officer Ankur Goel during…

    Fire in overhead locker on Virgin Australia flight sparks battery safety concerns

    Reliance, Adani, Mahindra join ₹60,000 crore ITI upgrade plan to boost skills

    Renault to launch all-new models with updated logo, starting with Triber

    About Us
    About Us

    Welcome to Business Outrank, a trusted source for high-quality and well-researched information on world events, politics, and the economy.

    Facebook Twitter Instagram
    Our Picks

    Akasa Air aims for 226 planes by 2032 with ambitious growth plan

    Fire in overhead locker on Virgin Australia flight sparks battery safety concerns

    Reliance, Adani, Mahindra join ₹60,000 crore ITI upgrade plan to boost skills

    Most Popular

    Akasa Air aims for 226 planes by 2032 with ambitious growth plan

    July 22, 2025

    Harvesting Hope: Rahul Gandhi’s Empathy in Action with Farmers before 2024 Elections

    July 14, 2023

    Is Modi Afraid? Congress Leader Accuses PM of Targeting Rahul Gandhi

    July 15, 2023
    © 2025 Business Outrank.
    • About Us
    • Contact us
    • Privacy Policy
    • Cookies Policy
    • Ethics policy
    • Sitemap
    • Terms & conditions
    • Correction Policy

    Type above and press Enter to search. Press Esc to cancel.