Triveni Engineering & Industries Ltd., a leading conglomerate in sugar production, high-speed gears, and water management, has announced a strategic acquisition, purchasing an additional 36.34% stake in Sir Shadi Lal Enterprises Limited (SSEL) for a total of ₹44.83 crore. This acquisition was executed at ₹235 per equity share and, as a result, Triveni’s total holding […]
British multinational oil and gas company, bp plc, has agreed to acquire Bunge Ltd.’s 50% interest in their joint venture, bp Bunge Bioenergia S.A., for an enterprise value of approximately $1.4 billion. This acquisition will position bp as the sole owner of one of Brazil’s leading biofuels-producing companies, significantly enhancing its industrial-scale sugarcane and ethanol […]
