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Ex-Shell CEO van Beurden to chair Castrol as Stonepeak closes deal with BP

10 hours ago

Stonepeak completed its acquisition of a 65% stake in lubricants maker Castrol from BP, appointing former Shell CEO Ben van Beurden as board chair. BP will retain a 35% stake and use $6 billion in proceeds to reduce net debt ahead of schedule.

Ex-Shell CEO van Beurden to chair Castrol as Stonepeak closes deal with BP

reuters

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BPCompany

StonepeakCompany

Ben van BeurdenPerson

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BP sells Castrol

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Ex-Shell CEO van Beurden to chair Castrol as Stonepeak closes deal with BP — ChemBrief Topics