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 to a regulatory filing.

The open offer for ₹25.71 crore shares is being made following their deal to acquire the firm from parent BP.

You May Also Like

Alibaba’s cloud business revenue soars 34% driven...

China’s Alibaba Group posted a 34% jump in revenue from its cloud business in its most recent q...

Godrej Properties buys 75 acres land in Nagpur for...

Godrej Properties Ltd, having established a formidable presence in metros, is seen pursuing gro...

infosys 2025 buyback tax implications

📊 What Are the Tax Implications for Infosys 2025 Buyback“Deemed Dividend” TreatmentUnder the a...