19 Jun, 2013
The Leela Palace, Bengaluru
Thursday, October 4, 2012 - 10:33 IST
BG Group to sell stake in Gujarat Gas for $470M
BY TEAM VCC
The deal has also triggered a mandatory open offer, with state owned Gujarat State Petroleum Corporation making an offer to buy another 26% stake in Gujarat Gas for up to $200 million.
BG Group is selling its majority stake in public listed Gujarat Gas Company Limited (GGCL) for approximately Rs 2,460 crore or $470 million to GSPC Distribution Networks Limited, a subsidiary of Gujarat State Petroleum Corporation. Gujarat State Petroleum...
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