Page 60 - Squared Capital News Today

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it will buy out Oman Oil Company's shares in the Bina refinery project for about Rs 2,400 crore.BPCL holds a 63.68 per

Read more about BPCL to buy out Oman Oils 36.62% stake in Bina refinery for Rs 2,400 cr on Business Standard. Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it will buyout Oman Oil Companys shares in the Bina refinery project for about Rs 2,400 crore.BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL),

Takeovers of London-listed companies have reached the highest level since 2000.

Arkansas Teachers assigns $80 million to private equity Pension fund also tops up 2 previous commitments Print Arkansas Teacher Retirement System, Little Rock, agreed to commit $80 million to two private equity funds and to make two follow-on commitments totaling $60 million, confirmed Rod Graves, deputy director of the $19.5 billion pension fund, in an email. At its Feb. 1 meeting, the board voted to commit up to $50 million to ISQ Global Infrastructure Fund III, managed by I Squared Capital;...

Aggreko Shares Soar On Takeover Talks With TDR Capital And I Squared Fri, 5th Feb 2021 15:11 (Alliance News) - Shares in Aggreko PLC shot up on Friday after it confirmed it is in discussions with a consortium made up of UK-based private equity firm TDR Capital LLP plus infrastructure investment manager I Squared Capital US LLC and its affiliates over an 880 pence per share takeover offer. The proposal represents a 39% premium to the power generator rental firms Thursday closing price of 635.00p...

Premier Inn owner Whitbread rose Picture: Lewis Whyld/ PA Positive news that the UK Government aims to vaccinate all under 50s by May did enough to push the pound up as markets closed on Friday. But the strong pound and underwhelming jobs data from the US failed to liven up the FTSE-100, with the internationally focused index closing the day down 14.39 points, or 0.22 per cent, at 6503.72. By comparison, the FTSE-250 index of more UK-focused firms enjoyed a solid boost, up 1.24%, as trad...

TDR Capital makes £2bn offer for Glastonbury power supplier Aggreko Aggreko supplies back-up power generators for large events such as Glastonbury TDR Capital has made a cash offer to buy back-up power generator company Aggreko for 880p per share. TDR Capital, along with US private equity firm I Squared Capital, have made a series of proposals to buy Aggreko. Aggreko, which supplied power generators to Glastonbury and the London2012 Olympics, saw its share price rocket 33 per ...

The Modi government is banking on the initial public offer of the Life Insurance Corporation and the strategic sales of Bharat Petroleum Corporation Limited and Air India to meet its ambitious disinvestment target of Rs 1.75 lakh crore for the next fiscal. “It is quite an ambitious target, but a realistic target and we believe it is achievable. Last year’s situation due to the Covid-19 pandemic cannot be compared with this year as the environment now is quite different and things are much b...

Economic Survey: Disinvestment falls short; govt desperate to sell Air India, BPCL, CONCOR, SCI The government looks to raise Rs 90,000 crore from the sale of its 53 per cent stake in BPCL. But it will be able to raise just Rs 40,000 crore for its stake, according to the present market capitalisation Nevin John | January 29, 2021 | Updated 17:54 IST Representative Image The COVID-19 pandemic driven adverse market conditions have negatively impacted governments disinvestment plans and it raised...

BPCL fast-track officers’ promotion ahead of privatisation January 27, 2021 BPCL outlet   -  Business Line× The list includes officers who were promoted from deputy general managers to general mangers, from general managers to chief general managers and from chief general managers to executive directors In a departure from practice, Bharat Petroleum Corporation Ltd (BPCL) has promoted 64 officers, including eight as executive directors, this month as the state-run oil company expedite the ...