Canada Pension Plan Investment Board and U.S. private equity firm Stonepeak will launch an offer to purchase a stake of up to ...
BP plc has sold a 65% stake in its subsidiary, Castrol India, to Stonepeak for $10 billion. This deal will form a new joint venture with Stonepeak owning 65% and BP holding 35%. The company aims to ...
Motion JVCo, Stonepeak and CPP Investment Board have made an open offer to acquire a 26% stake in Castrol India at ₹194.04 a ...
Castrol India stock rose 8.92% to Rs 202.50 in afternoon trade. Market cap of the firm stood at Rs 18,936 crore.
Shares of Castrol India rose as much as 8.85% to hit an intraday high of ₹202.40, after BP announced that it has reached an ...
Castrol India shares rose after global oil giant BP reached an agreement to offload a 65 per cent stake in Castrol at an ...
The transaction values Castrol at about $10.1 billion, including debt. After the deal, BP will continue to hold a minority ...
Shares of Castrol India surged 9% to hit the day’s high of Rs 202.40 on the NSE on Wednesday after BP announced its decision ...
In a major development for Indian investors, BP's agreement to sell a 65 percent stake in its iconic Castrol lubricants ...
The transaction follows a strategic review of Castrol and values the business at an enterprise value of $10.1 billion, ...
Press Trust of India on MSN
Castrol India shares jump 9 pc on stake sale deal
Shares of Castrol India jumped 9 per cent on the bourses on Wednesday after BP plc announced that it will sell a 65 per cent ...
NEW DELHI (Reuters) - India has the potential to unlock gas reserves of at least 10-15 trillion cubic feet (tcf) by 2022 on the basis of discoveries made so far, Sashi Mukundan, country head for BP ...
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