Castrol India is set for a change in ownership, with New York-based investment firm Stonepeak to acquire a majority stake in ...
This move aims to cut debt and boost returns, with BP retaining a 35% stake in a new joint venture. The deal, valued at $10.1 ...
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 ...
Castrol India shares jumped 9% during the stock market session on 24 December 2025, after the company's parent firm, BP, ...
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 ...
Canada Pension Plan Investment Board and U.S. private equity firm Stonepeak will launch an offer to purchase a stake of up to ...
Stonepeak's open offer for Castrol India at a modest premium is unlikely to move the stock significantly, analysts say, with ...
Motion JVCo, Stonepeak and CPP Investment Board have made an open offer to acquire a 26% stake in Castrol India at ₹194.04 a ...
Energy company bp will sell 65 per cent stake in Castrol to Stonepeak for an enterprise value of $10 billion, it said in a ...
A major stake in Castrol changes hands as BP restructures its involvement, marking a new phase for the 126-year-old lubricant ...
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 ...