Event Brief
Dec 24, 2025 at 1:09 PM ET
BP Sells $10 Billion Majority Stake in Castrol
By The BriefBrief
BP sells majority stake in Castrol to Stonepeak for $10B to reduce debt.
WHO: BP, Stonepeak
WHAT: Selling majority stake in Castrol
WHEN: Dec 23, 2025 at 7:00 PM ET
WHERE: United Kingdom, USA
WHY: To pay down debt
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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