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Castrol India Limited — Updates, 24-12-2025: Press Release
24-12-2025 | 02:53 pm
24-12-2025 | 02:53 pm
BP is selling a 65% shareholding in Castrol to Stonepeak for an enterprise value of $10 billion. BP will receive ~$6 billion in net proceeds, earmarked for debt reduction, and will retain a 35% stake in the new joint venture. This impacts Castrol India Limited's minority interests.
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