Category : Search result: BP stake sale


Stonepeak to Buy BP's Stake in Castrol India

New York's Stonepeak is set to acquire a majority stake in Castrol India from BP. The deal includes a Rs 4,990 crore open offer. Read the full details and implications for the Indian market here.

BP Sells 6.5% Castrol Stake for ₹6,000+ Crore

BP Plc sells a 6.5% stake in Castrol India for over ₹6,000 crore via block deals. The move aims to monetize assets while maintaining a majority holding. Details on the share price surge and market impact inside.

Funds to Acquire Additional 4.99% Stake in Sundrop Brands

Funds advised by Convergent Finance and Samara Capital are set to acquire an additional 4.99% stake in Sundrop Brands, increasing their total holding. This strategic move signals strong confidence in the packaged foods company's growth trajectory.

Sachin Tendulkar Buys Stake in Hyderabad Solar Firm

Cricket icon Sachin Tendulkar invests Rs 3.6 crore for a 2% stake in Hyderabad-based solar EPC company Suntek Energy Systems (TRUZON Solar). Discover his growing investment portfolio in the city.

MUFG invests Rs 39,618 crore in Shriram Finance

Japan's Mitsubishi UFJ Financial Group makes a massive Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking a major FDI in India's NBFC sector. Read details.

MUFG buys 20% stake in Shriram Finance for $4.4 billion

Japan's MUFG Bank acquires a 20% stake in Shriram Finance for $4.4 billion, marking one of the largest cross-border deals this year. Shriram Group retains board and management control. Explore the details and implications for India's NBFC sector.

IOB Government Stake Falls to 92.44% Post OFS

The Indian government's shareholding in Indian Overseas Bank has declined to 92.44% after a successful Offer for Sale. The move aligns with Sebi's public shareholding norms. Read the full details.

MUFG buys 20% in Shriram Finance for $4.4 billion

Japan's MUFG acquires a 20% stake in Shriram Finance for Rs 39,618 crore, marking the largest FDI in India's financial services sector. This strategic partnership aims to boost capital and global expertise.

MUFG invests ₹39,618 crore for 20% stake in Shriram Finance

Japan's Mitsubishi UFJ Financial Group (MUFG) will invest ₹39,618 crore for a 20% stake in Shriram Finance, marking a major cross-border deal. Discover the strategic implications for India's NBFC sector and the growing Japan-India investment corridor.

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