Govt Invites Bids for Sale of its 52.98% Stake in BPCL

BPCL has a market capitalisation of about Rs 87,388 crore and the government stake at current prices is worth about Rs 46,000 crore. The successful bidder will also have to make an open offer to other shareholders for acquiring another 26 per cent at the same price.

from Top Business News- News18.com
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Govt Invites Bids for Sale of its 52.98% Stake in BPCL Govt Invites Bids for Sale of its 52.98% Stake in BPCL Reviewed by Team Exprssnews on March 06, 2020 Rating: 5

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