BP’s $10.1bn Castrol Deal: Stonepeak Buys 65% Stake as Castrol India Open Offer Sets ₹194.04 Price
December 25, 2025 — BP’s biggest divestment in years is now reshaping more than just its balance sheet. It is also triggering a mandatory shareholder offer in India and pulling private-capital heavyweights deeper into the “hidden infrastructure” of the global economy: industrial lubricants. BP has agreed to sell 65% of Castrol to Stonepeak in a transaction valuing the lubricants business…