Canada Pension Plan Investment Board and US private equity firm Stonepeak will launch an open offer to buy up to 26% stake in Castrol's Indian unit at a premium to the current trading price, according ...

bp has agreed to sell a 65% controlling stake in its Castrol lubricants business to US infrastructure investor Stonepeak, raising approximately $A8.9 billion in one ...

Shares of Castrol India Ltd. gained nearly 4% on Friday, December 26, after Motion JVCo, Stonepeak, and CPP Investment Board launched an open offer to acquire 26% stake in the company. The consortium ...

The shares of Castrol India gained nearly 5 percent on December 26 after Motion JVCo, Stonepeak, and CPP Investment Board launched an open offer to acquire 26% stake in the company. The shares of the ...

The deal reflects a shift in how investors view businesses like Castrol — less as consumer brands, and more as industrial infrastructure embedded in the global economy. Stonepeak, a US investment firm ...

BP has agreed to sell 65 per cent stake in Castrol to US-based investment firm Stonepeak for $6 billion, in a deal that values the engine oil maker at $10 billion. BP will retain the remaining 35 per ...

BP has agreed to sell a majority stake in Castrol to Stonepeak Partners to raise about $US6 billion ($8.9 billion). The British oil giant will divest a 65 per cent ...

Shares of Castrol India have surged over 8% after British Petroleum (BP) agreed to sell a 65% shareholding in Castrol to Stonepeak at an enterprise value of $10 billion on Wednesday, December 24. BP ...

Castrol India Ltd.'s shares have fallen 1.36% in the last 12 months. The shares of Castrol India rose over 8% and hit over two-month high on Wednesday after BP agreed to sell majority stake in Castrol ...

BP said on Wednesday it had agreed to sell a 65% stake ⁠in Castrol to investment firm Stonepeak for about $6 billion, in a deal that values the oil major's lubricants unit at $10.1 billion. BP will ...

Hi, it’s Fareed Sahloul in New York, winding down for Christmas with news of yet more multibillion-dollar M&A at the end of this hectic year—this time, it’s coming from oil giant BP. Please note that ...

NEW DELHI: BP on Wednesday announced the sale of a 65% shareholding in Castrol to US-based Stonepeak at an enterprise value of $10.1 billion. In a press note, the company said the transaction is ...