This deal involves an open offer to public shareholders for an additional 26% stake, marking a significant scaling back of BP ...
Stonepeak transaction has brought Castrol India into focus, but while margins, cash flows and brand strength remain robust, ...
CPPIB and Stonepeak will launch a Rs 4,990 crore open offer to buy up to 26% of Castrol India at Rs 194 per share following ...
BP on Wednesday said it has reached an agreement to offload 65% shareholding in Castrol, generating total net proceeds of ...
Canada Pension Plan Investment Board and U.S. private equity firm Stonepeak will launch an offer to purchase a stake of up to ...
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 ...
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 ...
The transaction follows a strategic review of Castrol and values the business at an enterprise value of $10.1 billion, ...
Canada Pension Plan Investment Board and US private equity firm Stonepeak will launch an open offer to buy up to 26% stake in ...
Stonepeak and CPPIB plan an open offer to acquire 26% of Castrol India at ₹194.04 per share, boosting shareholder value.