BUZZ-Castrol India up; media report says global unit sees bidding interest

Reuters

May 29, 2025

BUZZ-Castrol India up; media report says global unit sees bidding interest

** Industrial and automotive lubricant maker Castrol India CAST.NS rises 6.4% to 219.8 rupees

** Energy major BP Plc's BP.L global Castrol lubricants unit is attracting interest from multiple bidders, Bloomberg News reported on Wednesday

** Castrol India is owned by the BP Group through the larger Castrol lubricants business

** Bidders could consider all or parts of the business; India's Reliance Industries RELI.NS among those interested - report

** Buyout firms Apollo Global Management APO.N and Lone Star Funds, and asset managers Stonepeak Partners and Brookfield Asset Management BAM.TO, also interested - report

** Oil major Saudi Aramco 2222.SE considering a potential bid as well, Reuters reported in March

** BP, Apollo Global and Lone Star declined to comment

** Reliance did not respond immediately to a Reuters request for comment

** With session's gains, CAST up ~17% in the last 12 months

(Reporting by Ananta Agarwal in Bengaluru)

((Ananta.Agarwal@thomsonreuters.com))

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media report says global unit sees bidding interest</title></head><body><p>** Industrial and automotive lubricant maker Castrol India <span>CAST.NS</span> rises 6.4% to 219.8 rupees</p><p>** Energy major <a href=\"https://laohu8.com/S/BPAQF\">BP Plc</a>'s <span>BP.L</span> global Castrol lubricants unit is attracting <span>interest</span> from multiple bidders, <span>Bloomberg News reported on Wednesday </span></p><p>\n<span>** Castrol India is owned by the BP Group through the larger Castrol lubricants business</span>\n</p><p>** Bidders could consider all or parts of the business; India's Reliance Industries <span>RELI.NS</span> among those interested - report</p><p>** Buyout firms Apollo Global Management <span>APO.N</span> and Lone Star Funds, and asset managers Stonepeak Partners and <a href=\"https://laohu8.com/S/BN\">Brookfield</a> Asset Management <span>BAM.TO</span>, also interested - report</p><p>** Oil major Saudi Aramco <span>2222.SE</span> considering a potential bid as well, Reuters <span>reported</span> in March</p><p>** BP, Apollo Global and Lone Star declined to comment</p><p><span>** Reliance did not respond immediately to a Reuters request for comment</span></p><p>** With session's gains, CAST up ~17% in the last 12 months</p><p> (Reporting by Ananta Agarwal in Bengaluru)</p><p> ((Ananta.Agarwal@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4135","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nL6N3S108T:1","article_id":"2539201280","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539201280","pubTimestamp":1748495158,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Castrol India up; 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media report says global unit sees bidding interest** Industrial and automotive lubricant maker Castrol India CAST.NS rises 6.4% to 219.8 rupees** Energy major BP Plc's BP.L global Castrol lubricants unit is attracting interest from multiple bidders, Bloomberg News reported on Wednesday \n** Castrol India is owned by the BP Group through the larger Castrol lubricants business\n** Bidders could consider all or parts of the business; India's Reliance Industries RELI.NS among those interested - report** Buyout firms Apollo Global Management APO.N and Lone Star Funds, and asset managers Stonepeak Partners and Brookfield Asset Management BAM.TO, also interested - report** Oil major Saudi Aramco 2222.SE considering a potential bid as well, Reuters reported in March** BP, Apollo Global and Lone Star declined to comment** Reliance did not respond immediately to a Reuters request for comment** With session's gains, CAST up ~17% in the last 12 months (Reporting by Ananta Agarwal in Bengaluru) ((Ananta.Agarwal@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}