ET EnergyWorld on MSN
Oil change: BP to exit Castrol India
This deal involves an open offer to public shareholders for an additional 26% stake, marking a significant scaling back of BP ...
Edex Live on MSN
Hypertension in kids on rise in India
A 15-year-old boy, who was obese and lived in a boarding school in Bengaluru, was taken to a hospital as he was suffering ...
The transaction follows a strategic review of Castrol and values the business at an enterprise value of $10.1 billion, ...
Castrol India shares rose after global oil giant BP reached an agreement to offload a 65 per cent stake in Castrol at an ...
Canada Pension Plan Investment Board and U.S. private equity firm Stonepeak will launch an offer to purchase a stake of up to ...
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 ...
Stonepeak transaction has brought Castrol India into focus, but while margins, cash flows and brand strength remain robust, ...
Outlook Business on MSN
Stonepeak, CPPIB to Launch Open Offer for Castrol India at Premium after BP Deal
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.
In a major development for Indian investors, BP's agreement to sell a 65 percent stake in its iconic Castrol lubricants ...
BP on Wednesday said it has agreed to sell a 65% stake in its Castrol unit to investment firm Stonepeak for about $6 billion. The deal values the business at $10.1 billion including debt. BP will ...
Castrol India stock rose 8.92% to Rs 202.50 in afternoon trade. Market cap of the firm stood at Rs 18,936 crore.
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