Tuesday, November 5, 2019

IOC maintains interest in BPCL, may bid on lower offer size

The country's largest public sector refiner and retailer, Indian Oil Corporation (IOC), may consider bidding for the Centre's stake in Bharat Petroleum Corporation Ltd (BPCL) if such a need arises and the government agrees to reduce the quantum shares on offer in the company, including a waiver from mandatory open offer.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2JTF4IO

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