BP nets a £4.4bn boost for its balance sheet as the Castrol deal completes
Summary
BP netted a £4.4bn boost for its balance sheet after the Castrol deal completed, the Evening Standard and The Independent reported on Monday 2 November. The oil group said it would use the net proceeds to pay down debts, according to both outlets.
Latest: BP netted a £4.4bn boost for its balance sheet after the Castrol deal completed, the oil group saying it would use the net proceeds to pay down debts, the Evening Standard and The Independent reported.
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How it unfolded
Monday 2 November
BP netted a £4.4bn boost for its balance sheet after the Castrol deal completed, the oil group saying it would use the net proceeds to pay down debts, the Evening Standard and The Independent reported.
- 04:12The Independent BP nets £4.4bn boost for balance sheet after Castrol deal completes
- 04:12Evening Standard BP nets £4.4bn boost for balance sheet after Castrol deal completes