New Delhi, Dec 24 (IANS) BP on Wednesday announced that it has agreed to sell a 65 per cent stake in its lubricants business Castrol to global investment firm Stonepeak for around $6 billion. The transaction values Castrol at about $10.1 billion, including debt. After the deal, BP will continue to hold a minority stake in Castrol through a joint venture structure.Following the announcement, shares of Castrol India surged about 8 per cent in early trade and were quoted at around Rs 201 per share….
Trending
- Jetlee (2026) Review: Satya Steals the Sky in This Turbulent But Fun Telugu Action-Comedy
- Glory (2026) Review: A Riveting Sports Drama That Packs a Powerful Punch
- Undekhi Season 4 Review: Darker, Deeper, and More Gripping Than Ever
- Sapne Vs Everyone Season 2 Review: A Raw, Riveting Tale of Dreams, Ambition & Survival
- KD: The Devil 2026 Review: Dhruva Sarja’s Underworld Epic Is a Bold, Ambitious Saga
- Patriot (2026) Movie Review: Mammootty and Mohanlal’s Legendary Reunion Delivers a Gripping Surveillance Thriller
- Kara Movie Review: Dhanush Delivers a Gripping Slow-Burn Thriller You Cannot Miss
- Raja Shivaji (2026) Movie Review: Riteish Deshmukh’s Grand Epic Is a Majestic Tribute to the Warrior King