• bp To Sell 65% Stake In Castrol To Stonepeak For $10.1 Billion

    December 25, 2025

    The transaction includes USD 0.8 billion as a pre-payment of future dividend income on bp’s retained 35 percent stake. The valuation represents an enterprise value to EBITDA ratio of approximately 8.6x. Following the sale, a new joint venture will be fo

  • Paolo Dellacha Appointed CEO Of Pininfarina S.p.A.

    December 22, 2025

    The leadership changes are designed to support the development of future programmes and the global positioning of the Pininfarina brand. The company stated the transition will help leverage collaborations across the Group and consolidate its organisationa

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