Advertisement
 
YOU ARE HERE: LAT HomeCollectionsBurmah Castrol Company
IN THE NEWS

Burmah Castrol Company

FEATURED ARTICLES
BUSINESS
March 15, 2000 | Reuters
British oil giant BP Amoco agreed to buy British lubricant firm Burmah Castrol for $4.7 billion in cash to get hold of the Castrol brand name. The deal is worth about $25 per Burmah Castrol share--a 74% premium over the price on March 10, the last trading day before news of the talks broke. David Baldry, head of BP Amoco's new global lubricants division, said the takeover will result in 1,700 job cuts worldwide.
ARTICLES BY DATE
BUSINESS
March 15, 2000 | Reuters
British oil giant BP Amoco agreed to buy British lubricant firm Burmah Castrol for $4.7 billion in cash to get hold of the Castrol brand name. The deal is worth about $25 per Burmah Castrol share--a 74% premium over the price on March 10, the last trading day before news of the talks broke. David Baldry, head of BP Amoco's new global lubricants division, said the takeover will result in 1,700 job cuts worldwide.
Los Angeles Times Articles
|