For Citic, the strategic upside extends well beyond Castrol’s current business. The lubricants giant could serve as a ...

--The offers might rise but BP needs to sell Castrol for a $12 billion enterprise value if it is to boost free cash flow, the FT reports, citing analysts.

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The Financial Times highlights key developments, including bidders undervaluing BP's Castrol, AstraZeneca's promising breast ...

Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash ...