Stonepeak's open offer for Castrol India at a modest premium is unlikely to move the stock significantly, analysts say, with ...

At the end of November, the country had 1,00,266 petrol pumps - the third largest after the US and China with a much bigger geographical area, according to data available from the Petroleum Planning & ...

With this expansion, India now operates the world's third-largest network of fuel stations, trailing only the United States and China, which each have roughly 110,000-120,000 pumps spread across much ...

Castrol India is set for a significant ownership change as Stonepeak, a New York-based investment firm, will acquire a ...

A major stake in Castrol changes hands as BP restructures its involvement, marking a new phase for the 126-year-old lubricant ...

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced an agreement to acquire a majority controlling interest in Castrol (or "the Company"), ...

bp has reached an agreement to sell a 65% shareholding in Castrol at an enterprise value of $10 billion. Total net proceeds to bp of c.$6 billion, including accelerated dividend payments, will be ...

A relatively quiet session on Wall Street before Christmas saw stocks hitting all-time highs, with more signs the jobs market is not quickly deteriorating supporting bets on a soft economic landing.

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced an agreement to ...

The company will sell a 65% stake in Castrol as part of its overall plan to divest $14-18 billion by end-2027 to cut net debt ...

Stonepeak to acquire 65% controlling interest in Castrol from bp, with an enterprise value of US $10.1B. CPP Investments to ...

BP said it has agreed to sell a majority stake in its Castrol lubricants business to investment firm Stonepeak, a deal that values the entire division at $8 billion. Under the deal, BP is set to ...