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Source: معلومات مباشر
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BP has completed the sale of its Castrol lubricants business, raising $6 billion to reduce debt and strengthen its balance sheet after selling a 65% stake to Stonepeak Partners. The company’s net debt stood at $13.87 billion at the end of the third quarter; its liabilities include debt, hybrid bonds, leases and settlement payments. CEO Meg O’Neill said the deal provides liquidity while allowing BP to retain a stake in Castrol’s growth. The company will present its long-term strategy in December.
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