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BP to Exit Castrol India, Stonepeak to Acquire Majority Stake for $6 Billion
ByAinvest
Thursday, Dec 25, 2025 9:54 pm ET1min read
BP to exit Castrol India with a $6 billion global deal, selling a majority stake to New York-based Stonepeak. The deal values Castrol India at $10.1 billion and includes minority holdings in operations across several markets. BP will retain a 35% stake and the consideration will be partly in cash and partly through a share-swap. The deal marks BP's scaling back of its footprint in India.
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