BP(US:BP) 智通财经网·2025-07-24 04:25Group 1 - One Rock Capital Partners has emerged as a minority bidder for BP's Castrol lubricants business, highlighting the challenges faced by the energy giant in divesting core assets [1] - Several well-known energy companies and financial institutions have withdrawn from the bidding process, leading to a decline in the expected valuation of the business, which is now estimated between $6 billion and $8 billion, significantly lower than the initial $10 billion target [1] - BP has opened financial due diligence to another potential buyer that did not participate in the first round of bidding due to lukewarm market response [1] Group 2 - The sale of the lubricants business is a key initiative by BP's CEO Murray Auchincloss to refocus the company on its oil and gas core strategy, with pressure mounting on the incoming chairman Albert Manifold amid strategic transformation calls from Elliott Investment Management [2] - BP has committed to divesting $20 billion in assets by the end of 2027, having already completed the sale of its U.S. onshore wind business and agreed to sell its retail gas stations and EV charging assets in the Netherlands [2] Group 3 - Castrol's business includes automotive and industrial lubricants, and it is developing liquid cooling technology for AI data centers, with its Indian subsidiary Castrol India Ltd. valued at approximately $2.6 billion [3] - One Rock Capital Partners manages around $10 billion and focuses on acquiring controlling stakes in companies across various sectors, including chemicals, food manufacturing, and environmental services, with Mitsubishi Corporation as a strategic partner [3] - In 2021, One Rock participated in a consortium that acquired Nestlé's North American bottled water business for $4.3 billion and has made investments in various food and waste management companies [3]