Business and MoneyMalaysiaHeat 17
Ex-Shell CEO van Beurden to chair Castrol as Stonepeak closes BP deal
AI QUICK TAKE
Stonepeak has completed its acquisition of a 65% stake in Castrol from BP, with BP keeping 35% in a new joint venture with Stonepeak. Former Shell CEO van Beurden is reported to chair Castrol.
Timeline
- Stonepeak completes 65% Castrol stake purchase
Top sources
- Ex-Shell CEO van Beurden to chair Castrol as Stonepeak closes deal with BPFree Malaysia Today