Motion JVCo, Stonepeak and CPP Investment Board have made an open offer to acquire a 26% stake in Castrol India at ₹194.04 a share, following BP’s agreement to sell its global stake. Ahead of the announcement, shares of Castrol India ended 1.81% higher at ₹189.30 on the NSE.Motion JVCo, Stonepeak and CPP Investment Board have made an open offer to acquire a 26% stake in Castrol India at ₹194.04 a share, following BP’s agreement to sell its global stake. Ahead of the announcement, shares of Castrol India ended 1.81% higher at ₹189.30 on the NSE.
Castrol India: Motion JVCo, Stonepeak and CPPIB make 26% open offer
API Publisher