---
title: "BP PLC-Spons is close to reaching an agreement to sell its stake in Castrol to Stonepeak for $10 bil"
description: "BP PLC-Spons is close to reaching an agreement to sell its stake in Castrol to Stonepeak for $10 billion (including debt), with the announcement of the deal expected around Wednesday. (The Wall Street"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/270681949.md"
published_at: "2025-12-24T03:05:55.000Z"
---

# BP PLC-Spons is close to reaching an agreement to sell its stake in Castrol to Stonepeak for $10 bil

> BP PLC-Spons is close to reaching an agreement to sell its stake in Castrol to Stonepeak for $10 billion (including debt), with the announcement of the deal expected around Wednesday. (The Wall Street Journal)

BP PLC-Spons is close to reaching an agreement to sell its stake in Castrol to Stonepeak for $10 billion (including debt), with the announcement of the deal expected around Wednesday. (The Wall Street Journal)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.