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Saturday, August 25, 2018

Papa John’s taps investment banks amid pressure from founder: sources

Papa John’s International Inc , the world’s third-largest pizza delivery company, has hired Bank of America Corp and Lazard Ltd to help find ways to stabilize the restaurant chain, which has come under pressure from its founder John Schnatter, people familiar with the matter said on Friday.


from Reuters: Business News https://ift.tt/2BKEbRc

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BP sells stake in motor oil arm Castrol for $6bn

BP has sold a 65% stake in its motor lubricant arm Castrol to US-based investment firm Stonepeak. from BBC News https://ift.tt/IDnaZ60