Saturday, January 20, 2018

ONGC buys govt's 51.11 pc stake in HPCL for Rs 36915 cr

ONGC's own valuation adviser EY had put HPCL's valuation at Rs 475 a share plus a premium for getting the controlling stake, sources privy to the negotiations said. The outside advise the company took from Citi put the price at Rs 500 per share. ONGC negotiated hard and brought down the ...

more here

No comments:

Post a Comment