Bharat Petroleum 
Dealstreet

IndusLaw, SAM, AZB, Clifford Chance lead on BPCL acquisition of 36.62% equity stake in Bharat Oman Refineries

BPCL has acquired 888,613,336 equity shares in Bharat Oman Refineries for INR 2,400 crores.

Bar & Bench

Bharat Petroleum Corporation Limited (BPCL) has effected the payment of approx. INR 2,400 crores to OQ for the acquisition of 36.62% equity shares in Bharat Oman Refineries Limited (BORL).

With this, BORL has become a wholly-owned subsidiary of BPCL.

IndusLaw assisted Bharat Oman Refineries in the sale process including drafting and negotiation of the definitive documents and closing of the deal.

The transaction team was led by Partners Manish Gupta and Jinni Sinha.

Shardul Amarchand Mangaldas & Co. represented BPCL.

Clifford Chance and AZB & Partners advised OQ.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

MLA defection case: Telangana High Court sets aside single-judge ultimatum to Speaker

Litigants must be vigilant, can't blame advocates for delays in cases: Supreme Court

GameChanger Law, Panag & Babu act on The ePlane Company Series B fundraise

TT&A acts on Neysa Networks $30 million Series A fundraise

Plea in Telangana High Court against commission on sub-classification of Schedule Castes

SCROLL FOR NEXT